So far Pretty Dovish – Averages Breaking Out

12:56 p.m. ET A few highlights that have stuck out to me from Powell, “Financial conditions have tightened.” “Financial conditions are more well aligned” “Disinflationary process has started in goods sector. These all seem pretty dovish and the Dollar (-0.4%) declining suggests the same. The 2-year yield is also down -3 bp. U.S. Dollar Index…