Today, Dow dropped 741 points in about 70 minutes to end FOMC day 3/22/2023.

By a simple calculation, Dow could go to zero in 50 (trading) hours at this rate.

Luongo was spot on.

Powell played with fire. He had to, to save the last ounce of credibility of the Fed.

When will Powell blink?

Side note: I generally drive 65-80 minutes for the 33 mile ride back home from work.

I stopped listening to the radio after I lost my dear puppy.

I just calculated that the factors of 195801 are 1, 3, 65267. 195801 was the odometer reading on my 2002 4Runner.

Of course I tried to divide 65267 by prime numbers from 5 to 101. And finally verified that my hunch was that 65267 could be prime, but I verified that on Google that same night.

Macroeconomics has taught me similar hunches. My hunch on Luongo being right was right.

Thanks for reading my musings.

GL