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Daily Note | November' 10, 2023 | Abrdn Cuts Distributions, JPow Drops Bombs
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Daily Note | November' 10, 2023 | Abrdn Cuts Distributions, JPow Drops Bombs

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Yield Hunting
Nov 10, 2023
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Daily Note | November' 10, 2023 | Abrdn Cuts Distributions, JPow Drops Bombs
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The big news yesterday was Jay Powell's commentary to the IMF where he not only dropped the F-bomb after some dopey climate activists interrupted his speech but then dropped this bomb:

… The Federal Open Market Committee is committed to achieving a stance of monetary policy that is sufficiently restrictive to bring inflation down to 2 percent over time; …

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