SPDR S&P 500 (SPY): Powell says he can’t guarantee a ‘soft l...

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Friday, 05/13/2022 10:00:11 AM

Friday, May 13, 2022 10:00:11 AM

Powell says he can’t guarantee a ‘soft landing’ as the Fed looks to control inflation
PUBLISHED THU, MAY 12 20225:09 PM EDTUPDATED FRI, MAY 13 202212:00 AM EDT
https://www.cnbc.com/2022/05/12/powell-says-he-cant-guarantee-a-soft-landing-as-the-fed-looks-to-control-inflation.html

I take it as we've not landed yet, so more downside to come. Of course there will be spikes and bounces along the way, but we have many bubbles to pop and the big crud hasn't even hit the fan yet.

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Kleptocracy: government by those who seek chiefly status and personal gain at the expense of the governed.

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