What is the FED to do??!!! What CAN they do? Stocks are going to drop. Yields are climbing fast.
The dollar is gaining strength….
The printing will continue until morale improves.
If inflation is soaring, why on earth would the dollar rise? We truly live in an upside-down world!
Nothing makes sense anymore. You can burn your economics textbooks.
Clown world 2.0.
Inflation has hit health care too, do not get sick and eat good food, edible food most of all.
Not everyone considers inflation a bad thing. People with assets, such as housing, are going bonkers. There is a boom in luxury cars. Homeowners are using the increased equity in their homes to finance the purchase of a new BMW, Audi, or Mercedes. The percentage of luxury vehicles on the road is at an all-time high.
All it takes is a few insider trading scandals and the highest inflation print in 30 years, and suddenly the Fed Heads get REAL quiet.
And nobody’s saying zilch.
Success has a thousand fathers, failure is an orphan.
US equities are the only game in town, inflated by China. When they fall, it will be due to a China sell-off prior to a provocation in Taiwan.
They are continuing the inflation/deflation saw, literally a saw, first one, then the other, then the other, then the other.
Just imagine walking down the street and being attacked by thugs daily that punch you in the stomach, the face, the groin, and one guy is in charge of heisting your wallet during the scrum.
Rinse and repeat this daily, that’s our world.
👉 For the full transcript go to https://financearmageddon.blogspot.com