KonaJ
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Jay Powell
Our Federal Reserve Chairman is the leader most responsible for first saving and continuing to stimulate the United States economy after Covid. In fact he is the very pragmatic leader most responsible for establishing and executing the game plan that rescued economies worldwide when Covid hit. He is a true hero in my opinion. Are you sure he is wearing a Rolex? Hard for me to tell…
JPow wearing a Submariner? I know Mario Draghi wears a Patek 5127 from time to time.
Powell used to wear a watch on a black leather band. Is the switch to a dive watch a signal? Will the Rolex help tell when it is time to start talking about talking about tapering? ...
Very true
Especially worth knowing who that man is if you live in the states. Caring (or not) about what he wears is another matter entirely
Jay Powell
Our Federal Reserve Chairman is the leader most responsible for first saving and continuing to stimulate the United States economy after Covid. In fact he is the very pragmatic leader most responsible for establishing and executing the game plan that resc...
Hero?
He is doing his job, that is it. And he does it well. Not clear why a professional who does his job well but still just follows the rules (existing conventions and assumptions about monetary policy) can be called a hero. Powell faces many restrictions tha...
Mario Draghi was brave, if not a hero
Mr Draghi went 2012 following the US-mortgage crisis, that they have called "financial crisis" in order the to give it an image of a non US origined problem, to the lion's den of London as one central place of the capital markets. Mr Draghi said famously:...
My understanding is that politicians stimulate the economy
Mr Powel always said during covid in his pc: "We (FED) can not create jobs. The stimulus has to come from politics." The FED is keeping sitiations as stable as possible, whatever the situation is. Like its goal of a stable inflation of 2%.
Mr Draghi wears this in public
14 k gold. I don't think, that he wears a Patek in public. But I am sure he will have his safe deposit box full of Pateks 😃 ...
