The globalists are in charge. Look to the Fed to slow down their rate hikes. Wall Street and the globalists along with Biden say Basta! No mas.
Just listening to Cathy Woods who said she expects the fed to change course due to diminished commodity prices. Funny how these ideas trend amongst the intlelligencia all at the same time. Cannot have a strong dollar you know. Kind of like how the media all has the same issues to stress at the same time and in the same manner. So, expect to see them pause their increases.
Saw an article this morning that said the higher interest rates are hurting China more than anybody. THAT is why we are hearing this out of the UN. My answer: another 200 bp short term ought to help. I know it hurts our RE market, but RE is way over-priced anyway. The Chinese have stolen just about every bit of technology they have. Squeeze their thieving a$$es hard!!!!