In the end, Jerome Powell will be vilified as a traitor and a con man, and as always, my opinion will be years ahead of its time (and, at its utterance, completely ignored). The cold fact is that (a) inflation, as you can see, is heating up fast (b) there’s not a goddamned thing that scumbags at the Fed can do about it.
So even the nitwit “investors” out there are starting to realize maybe it’s time to get the hell out of Dodge.
