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Powell !! Did someone said Colin Powell. it is a joke folks. No need to get all worked up.

This podcast is pretty good on the Fed /interest rates and the impact on the economy: https://podcasts.apple.com/us/podcast/odd-lots/id1056200096?i=1000563964446 In addition, Aswath Damodaran’s recent presentations on YouTube regarding inflation and impact on equity valuations (discount rates ) are also very good. FWIW, when you listen to the odd lots podcast , the guests opinion is that the Fed has implicitly removed the Fed put, meaning that the Fed may ignore stocks going down for the time being, and just limit themselves to looking out for orderly credit markets.