The Fed's 50 basis point rate cut in September was shocking and unjustified by headline data, suggesting Powell may have seen evidence of regional bank collapse that isn't yet visible to markets, or Powell may be caving to political pressure and abandoning his legacy of being a strong central banker.
causalpending
Speaker
Dave ColumEvidence Quote
“I was shocked by the 50% for 50 basis points not shocked shocked but not surprised... it's conceivable that they can see now that the regional banks are all collapsing and and we just can't see it yet”
Source
Markets Overvalued by 150% as Dishonest Metrics Hide the Coming 'Catastrophic' Collapse: Dave Collum— Kitco NEWSCreated: 8/12/2026, 6:42:10 PM
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