[abb]

IIRC, Mark Haines, late of CNBC, often used the term “Don’t fight the Fed.”

[expat_panama]

Makes sense, goes back to “don’t fight the tape” meaning that if a trend exists don’t pretend it doesn’t. In the case of the fed, if it needs a rate hike to kill inflation then that’s what it’s going to do double digit unemployment or not. Read: “market crash”.