
The Kobeissi Letter|Apr 22, 2025 22:21
Something doesn't add up here:
1. Trump on April 7th: Fed Chair Powell is "slow moving"
2. Bessent on April 14th: Trump Admin is thinking of successor to Powell
3. Trump on April 17th: Fed Chair Powell "will be out of there"
4. Trump on April 19th: "Studying" if he can fire Fed Chair Powell
5. Trump on April 21st: Fed Chair Powell is "a major loser"
6. Trump today: "No intention" to fire Fed Chair Powell
What changed today?
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