Savvy Trades and Investments

[gilead23]

The issue is you would expect this to be sniffed out by gold, currency markets, energy markets, and most importantly bond markets. The only market that seems to be calling his bluff is the equity market which we all know is the stupidest of markets.

I don’t know what Powell will do. I think some catastrophe in the derivatives market a la the LDI fiasco in the UK might change his mind. I’m not convinced he cares about interest payments on the debt at least not in the near term. I guess we will see. I would agree that if he decides to simply allow inflation equities are as good or better than most things.