Federal Reserve chair Jerome Powell. Picture: KEVIN DIETSCH/REUTERS
I would argue, not very. It looks like the Fed chair, a rich man from his career in private equity, holds an impeccably dull investment portfolio, virtually all passive and spread across asset classes. He appears not to have done much trading in 2020, apart from small purchases and sales that look like either rebalancing, or the use of income to reinvest.
On the face of it, if the trade was made for investment reasons, it was badly timed. Selling just before the top in February, or buying at the bottom a month later, would have been lucrative. It would have also been very suspicious. Selling on October 1 meant that Powell missed out on a 35% gain in the year since . He had already made his hugely important speech at Jackson Hole in August, and followed through with the Fed’s regular meeting in September.
There is a real issue here. Senior figures at the Fed must be careful to avoid any sign of impropriety. But unless they are to be barred from trading altogether, it’s hard to see anything wrong with this. The trade lost money, and it conflicted with inside knowledge of the Fed’s intentions.
I was introduced into his platform by a friend I met online Dennismayson9. I thought it was a scam company as well.... But I was moved to try once again with Dennismayson9 I just wanna share this with my people, it was a WIN and i am GREATFUL.🙏🙏🙏🙏 GRATITUDES.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The name's John, John Vuli Gate: Twitterverse in stiches over John Steenhuisen’s reference to popular SA songTweeps had a good laugh the other day when DA leader John Steenhuisen referred to himself as John Vuli Gate while out electioneering in the Steve Tshwete municipality. Clown 🤡 Did he pay for use of that name and song?
Source: IOL - 🏆 46. / 51 Read more »
Royal AM coach John Maduka happy with crucial away point at struggling GallantsRoyal AM coach John Maduka was elated after managing to earn a last-gasp point in a 2-2 draw against Marumo Gallants, but counterpart Mpho Maleka was not thrilled by having to share the spoils in a match they should have won.
Source: SowetanLIVE - 🏆 13. / 63 Read more »
Source: Channel24 - 🏆 48. / 51 Read more »
DA’s John Steenhuisen not happy with performance in all local municipalities it rulesDuring his campaign trail at a rally at Ephraim Mogale Stadium in Modimolle, Limpopo he said the party had not done enough. 𝐈 𝐬𝐭𝐚𝐫𝐭𝐞𝐝 𝐞𝐚𝐫𝐧𝐢𝐧𝐠 𝐭𝐡𝐞 𝐝𝐚𝐲 𝐈 𝐭𝐨𝐨𝐤 𝐭𝐡𝐞 𝐜𝐨𝐮𝐫𝐚𝐠𝐞 𝐭𝐨 𝐠𝐢𝐯𝐞 𝐚 𝐭𝐫ial with Renee_tasker 𝐚𝐧𝐝 ever since then I have not had any issues of scam all thanks to Renee_tasker 𝐬𝐮𝐜𝐜𝐞𝐬𝐬𝐟𝐮𝐥 𝐰𝐢𝐭𝐡𝐝𝐫𝐚𝐰𝐚𝐥. 63 municipalities are in financial duress; 108 have unfunded budgets; 29 are under administration. All the failing municipalities are run by the ANC. The top 5 municipalities are all DA-run. DA-run municipalities in WC are best at service delivering to poor than ANC run provinces As usual MSM distorts and spins the heading. He said '“We are not happy that we have not done enough. We must do more.' That is: do the best you can until you know better. Then when you know better, do better.
Source: IOL - 🏆 46. / 51 Read more »
DA’s John Steenhuisen not happy with performance in all local municipalities it rulesDuring his campaign trail at a rally at Ephraim Mogale Stadium in Modimolle, Limpopo he said the party had not done enough. 𝐈 𝐬𝐭𝐚𝐫𝐭𝐞𝐝 𝐞𝐚𝐫𝐧𝐢𝐧𝐠 𝐭𝐡𝐞 𝐝𝐚𝐲 𝐈 𝐭𝐨𝐨𝐤 𝐭𝐡𝐞 𝐜𝐨𝐮𝐫𝐚𝐠𝐞 𝐭𝐨 𝐠𝐢𝐯𝐞 𝐚 𝐭𝐫ial with Renee_tasker 𝐚𝐧𝐝 ever since then I have not had any issues of scam all thanks to Renee_tasker 𝐬𝐮𝐜𝐜𝐞𝐬𝐬𝐟𝐮𝐥 𝐰𝐢𝐭𝐡𝐝𝐫𝐚𝐰𝐚𝐥. 63 municipalities are in financial duress; 108 have unfunded budgets; 29 are under administration. All the failing municipalities are run by the ANC. The top 5 municipalities are all DA-run. DA-run municipalities in WC are best at service delivering to poor than ANC run provinces As usual MSM distorts and spins the heading. He said '“We are not happy that we have not done enough. We must do more.' That is: do the best you can until you know better. Then when you know better, do better.
Source: IOL - 🏆 46. / 51 Read more »
De Beers’ rough diamond sales dip in eighth cycleSales in the eighth cycle fell 6.1% from the seventh, but this has put year-to-date sales in line with 2019’s total
Source: BDliveSA - 🏆 12. / 63 Read more »