SPDR S&P 500 (SPY): Correct….the Fed will lose control soon...

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Re: Doubledown75 post# 382572

Wednesday, 04/10/2024 9:35:30 AM

Wednesday, April 10, 2024 9:35:30 AM

Correct….the Fed will lose control soon enough and the 10 Year Treasury will be back over 5% on its own soon enough as well. That’s what the recent run in Gold has been telegraphing (ie inflation is picking up steam again). The irony here is that instead of looking for rate cuts this year they might have to start raising rates even higher to try and stop the runaway inflation that’s obviously here!

- JMHO

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