The 'Monetary Truman Show' Is Over: The Fed Is No Longer In Control

Agar Capital4.06K FollowersFollow5ShareSavePlay(15min)Comments(6)SummaryJerome Powell’s admission of uncertainty signals a shift from predictable monetary policy to a data-driven, less model-dependent investment environment.Fed’s dot plot now projects higher inflation (2.7% in 2026) and slightly stronger growth, reducing confidence in imminent rate cuts and increasing market volatility.Regulatory easing releases $200B in bank capital, benefiting major banks like JPMorgan (JPM), Bank of America, and others, with lending and credit likely to surge.Maintaining high liquidity and risk discipline is crucial as geopolitical risks, energy shocks, and margin-driven asset sales drive market corrections and volatility. Joe Maher/Getty Images Entertainment The Truman Show Can you recall the ending shot of The Truman Show? That is where Truman, an individual living in a transparent dome with the belief that the sky above him is real and his neighbors are his friends, sets sail atThis article was written byAgar Capital4.06K FollowersFollowI’m a Portfolio manager (flexible equity funds and private clients), fundamental equity research, macro and geopolitical strategy.Over 10 years across global markets, managing multi-asset strategies and equity portfolios at a European asset manager.I combine top-down macro, bottom-up stock selection and real-time positioning (Bloomberg, models, data).I focus on earnings, tech disruption, policy shifts and capital flows — to identify mispriced opportunities before the market.On Seeking Alpha I share high-conviction ideas, contrarian views and deep breakdowns of both growth and value names.For more insights: follow me on X @AgarCapitalAnalyst’s Disclosure: I/we have a beneficial long position in the shares of SPX, NDX either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.