Re: Epic's Account Talk
The FED will continue to raise interest rates. It is their job to ensure the value of the dollar.
The FED likely caused some of this inflation - but the Treasury got drunk, soaked the bed in cheap vodka, and dropped the cigarette. Now, the FED has to raise interest rates to yank the excess stimulus boondoggle money out of the system. They can no longer pull money out in a measured and organized way to clear the bond holdings they have. They have to raise interest rates while the economy craters as a result of policy.
Good times ahead
However, for those on the watch this too shall pass. Keep your powder dry and invest when the goobers get the boot. Might be three years. Or, it could be sooner if confidence is restored after a political bloodbath. Don't know. Regardless, it won't be something a quick read of the charts/palms will illustrate.
What a joy.
Lookin' up at the 'G Fund'!!!
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