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Bruinfan4ever

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Bruinfan4ever

Re: x993231 post# 104799

Monday, 06/13/2022 8:40:55 PM

Monday, June 13, 2022 8:40:55 PM

Post# of 189076
The goal of fixing the inflation was Powell who ADMITTED he screwed up.. He should have raised rates a long time ago. It would have been a done deal. Who hired Powel first? Trump. Then Biden hired him a second term.

The fed has the most responsibility of fighting inflation. Simple as that.


Lightwave will be fine. But ramp up is not until 2024. Not going to see this move much in this market. Most institutions are just buying companies with strong cashflow. Speculative stocks are going to be in pain for a few months at least until inflation levels off. IMHO.
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