The biggest banking crisis since 2008-9 has shifted expectations about the economy and interest rates.
Powell will be barraged with questions regarding the health of the US banking system and what exactly went wrong at several specific banks.
Here's why I bought two regional bank stocks -- and my plans for both.
Economics and fundamentals will drive the action in the longer term.
Control, or at least the illusion of control, is everything to the central bank now.
The most likely scenario playing out in Q2? Lower entry points will be available for the prudent and patient.
What does the Fed do this Wednesday afternoon? Do they commit to keep on fighting inflation? Or do they try to prevent some kind of economic catastrophe?
The Fed is being forced to help banks and put its battle against inflation on hold.
There's only one thing I really hate here.
As my late banker father liked to quip during these types of financial hiccups: 'There is never just one cockroach.'