Trying to decipher the driving forces behind a given market can be a tall order, let alone that of the global macro-economic landscape. If you have spent time scrolling Twitter recently, then you know there is no shortage of hot takes on what might happen next.
A general rule of thumb when trying to navigate a complex macroeconomic environment is to take the simplistic approach: “Don’t Fight the Fed.” In today’s environment, it seems as though any small comment from Mr. Powell can move global markets.