Posted on 02/11/2022 8:08:16 AM PST by Browns Ultra Fan
The University of Michigan consumer survey is out for February. And an ugly survey is it! Buying conditions for housing fell to 71 as The Federal Reserve continues it monetary stimulypto!
Despite 7.5% inflation, The Fed continues its “Stimulytpo” monetary policy.
As the US Treasury 10Y-2Y yield curve is slipping into darkness.
I am reminded of my roommate at University of Wyoming who played James Brown over and over and over again. Much like The Fed doing nothing to curb inflation. Until they finally do something with a crashing yield curve.
(Excerpt) Read more at confoundedinterest.net ...
Fed has boxed themselves in with their monetary policies, once they start raising interest rates the house of cards will come tumbling down
They’ve called an emergency meeting on Monday.
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