Posted on 03/12/2023 7:54:05 PM PDT by DoodleBob
Here we go.
The market right now is all about interest rates, not the health of the economy or anything else. The market is saying that the Fed might raise interest rates only 2 more times each 0.25, and will cut rates before the end of this year. If that happens, then the Fed has surrendered to inflation and it will soar.
As I have said, my believe is there are only three choices:
1. The Fed fights inflation which is caused intentionally by government energy policies and spending by crushing the economy
2. The government dramatically changes policies on energy and spending
3. The Fed surrenders to inflation and accepts high inflation.
The Fed has been half hearted working on choice 1, and the market believes the Fed is now pivoting to choice 3.
Can’t have a Oligarchs losing any money.
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