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gdl

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gdl

Re: None

Tuesday, 11/30/2021 10:58:04 AM

Tuesday, November 30, 2021 10:58:04 AM

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POWELL took the word out of his speech. THE WORD. Transitory. Seems it is NOT!

Not the sharpest pencil in the bunch. Now we watch and see a spike in inflation the likes of which we have not seen in 40 years. The bond market will see (eventually) a huge spike in yields. Double is an easy call. The strain of debt and reversal of easy money will stop to rise cold. till then enjoy the show. Watch wage growth keep up with inflation and cause a spiral like in the distant past.
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