Wednesday, March 19, 2025

Landing the plane

It’s an unenviable job
 
   
     
   
 
March 19, 2025
   

LIVE NOW: Today’s Fed Meeting could rattle markets — Join Roger Scott, Graham Lindman, Chris Pulver, Nate Tucci, Jeffry Turnmire, & Kane Shieh as they break down the situation.

Click here to join the LIVE room now!

Some people were born to be pilots. Some people were not.

I am certainly part of the “not” category…

So I can only imagine how hard it is to land a plane under the best of conditions.

But imagine landing a plane on a Hot Wheels track during a snowstorm…

That’s the job I feel like Chairman Jerome Powell has to do today.

Traders and investors love to beat up on Powell and the Fed, and sometimes it’s well-deserved.

But right now, his job feels nearly impossible.

Inflation is declining, which actually suggests they’ve been doing their jobs pretty effectively…

But by no means can Powell take a victory lap.

The markets are in free fall, and traders are panicking about the possibility of a recession.

In fact, Google search trends for “recession” in the United States spiked to the highest since 2022 when U.S. GDP contracted 1.0% in Q1.

So Powell has a lot on his to-do list:

Calm fears about a recession…
Ease worries about tariffs…
Paint a realistic picture about the road forward…

And do it all without upsetting a mercurial chief executive above him.

It’s a tough plane to land, to say the least.

And if he doesn’t do it well, the markets could enter free fall as soon as 2:00 PM ET today.

To help you get prepared, I’ve asked Roger, Nate, Graham, Chris, Kane, and Jeffry to join me LIVE at 12:00 PM ET today.

We’ll do a special roundtable session where they’ll share their top trade ideas and expectations, plus what traders should focus on right now ahead of the Fed meeting.

Make sure you join us — the room is open now!

It’s going to be well worth your time.

To your prosperity,

Stephen Ground
 
 
Editor-in-Chief, ProsperityPub
   
 

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