What Joe Biden JUST *TOLD* the FED.

hey everyone me kevin here wow that was

like the weirdest conference uh or press

conference from joe biden basically he

was in uh a white house a room with an

empty chair next to him so powell

probably already disappeared i mean

clearly he wasn't in the shot and uh

biden basically said

i'm gonna give uh

powell respect i'm not gonna interfere i

appointed him and now i'm gonna give him

the space to do his work and they're

working on full employment in stable

prices and then all of a sudden you hear

like what sounds like three or four

white house workers uh and then

reporters trying to shout over them go

thank you thank you everybody thank you

everybody like corralling people out of

the room it was like

what that was like the shortest like

lamest press conference ever now we did

get a little bit more color this morning

from joe biden in a

an op-ed that he wrote in the wall

street journal

but i mean let's be real here we didn't

get any kind of like real pressure from

biden like well i told him to get

inflation down i told him to work harder

otherwise i'm gonna fire him like he's

purposely trying to draw this very big

contrast to how trump was in 2018 where

trump's like you keep raising rates i'ma

fire you and then all these questions

came up like wow is that even possible

or whatever right it is kind of crazy uh

but anyway so what do we get over here

we get the global economy faces serious

challenges inflation is elevated as says

abide and exacerbated by putin's war

energy markets are in turmoil and what's

interesting is as you go through this he

kind of talks about the work that

they've been doing and i was really

expecting that this was going to be an

advertising pitch for all the things

that they're trying to get done like the

buildback better plan

but lake take a look at this if you type

the word build all you have is now we

have a chance to build on a historic

recovery with an economy that's working

for families and my uh my housing supply

action plan will make more housing

affordable by building more than a

million units

okay that's it like no build back better

it's almost like he's thrown in the

towel on buildback better which is

really interesting because mansion and

cinema have obviously been sitting on

that one and uh you know we've got this

some talk about maybe releasing some oil

from the strategic oil reserve but oil

reserves have already been coming down

and so really i mean i hate to say it

but we pretty much got

nothing like uh biden's just kind of

like hey pal you know what you do you

man we good we'll put out a little bit

more oil from the strategic but

otherwise

yeah

where were we

oh uh did i not mention build back

better now well

like what

oh well i just passed along that was

pretty much a nothing burger which i

guess is

potentially a good thing

for markets i don't know who knows and

then of course today is that expiration

for the coupon codes on building your

wealth link down below tesla at the

moment up about one percent qq up about

half of a percent after that meeting and

a spy turning a positive so we got a

little bit of a move positive here it's

almost like maybe the markets were a

little anxious about what could come out

of this meeting and the answer was

nothing