The Fed's gradual rate hike cycle is too slow to appropriately deal with inflation. Awakening the market vigilantes is a bad idea. Sell US$ vs hard assets and sell US fixed income until Fed wakes up.
It is truly remarkable how poorly run the Fed is and how “people” thought we could just print money and not experience the consequences. Sadly - there are too many examples of stupidity to count. I am sad for our children.
It is truly remarkable how poorly run the Fed is and how “people” thought we could just print money and not experience the consequences. Sadly - there are too many examples of stupidity to count. I am sad for our children.