I complained about inflation and I thought Fed should have raised rates in late 2020 and really in 2021 and stop QE. Now I think they should stop increasing rates. I think the increase this week is a MAJOR mistake.
I am moving over to the transitory picture and I think Rates will make it elongated. With little loan growth and new financing, supply chains will not be able to expand. I think The Fed was correct to increase rates and stop QE, but I think they should have started and ended sooner.
I think we are going into a more severe recession. I think the US will be better off than probably ever other country. Goodbye Europe, goodbye China.
I am moving over to the transitory picture and I think Rates will make it elongated. With little loan growth and new financing, supply chains will not be able to expand. I think The Fed was correct to increase rates and stop QE, but I think they should have started and ended sooner.
I think we are going into a more severe recession. I think the US will be better off than probably ever other country. Goodbye Europe, goodbye China.