MAYDAY MAYDAY - possible distress signal May 3rd. All things are converging exactly on schedule, 2023!
the sobering reality that 40 years of disinflation and government bailouts with free money has created a society built on greed, complacency and hubris.
Catch-22 a likely scenario for the FED Funds decision going forward. Inflation is not a banking problem, not a Federal Funds rate problem. It has it's own supply/demand dynamics. if we don't see a shift in inflation in next 5 weeks the FED will become a useless entity. Prices eventually revert to the economic condition not the temporary fears and Fed Funds mistakes. They can cut tomorrow and a crash will soon result regardless. WHY? because to fuel inflation will KILL this addicted economy on disinflation.
Trump has also been leading up to a final solution with multiple indictment imminent. Rape case, Hush money, secret documents withheld, January 6th, Georgia extortion. His ability to incite riots will also increase as he is cornered. His followers will blindly obey like fevered religions fanatics. Next week will be the first test of his ability to cause violence on the streets when he demands loyalist to attack the police and prosecutors. IF he fails to incite riots than we have till May 3rd as the earlies date for everything to fall apart.