Surprise, Surprise: Inflation Is Not Transitory?

Published on
November 30th, 2021
37 minutes

Turkish Lira in Crisis While Virtual Land Skyrockets

Surprise, Surprise: Inflation Is Not Transitory?

Daily Briefing ·
Featuring Tony Greer and Ash Bennington

Published on: November 30th, 2021 • Duration: 37 minutes

Fed Chair Jerome Powell just said it’s time to retire the word “transitory”—are you shocked? All the major U.S. market indices fell more than 1% on the announcement while the dollar strengthens and crude oil tanks. Ash Bennington is not surprised by Powell's announcement to retire "transitory", and he sits down with Tony Greer of TG Macro on another installment of TG Tuesdays on the Daily Briefing to talk about inflation and oil. Want to submit questions? Drop them right here on the Exchange: