The Fed can only choose the least-worst option now: either destroy the real economy by sinking the dollar below support and unleashing the Inflation Monster, or abandon the “risk trade” stock market rally.
The Fed’s game plan–sink the U.S. doll…
The Fed can only choose the least-worst option now: either destroy the real economy by sinking the dollar below support and unleashing the Inflation Monster, or abandon the “risk trade” stock market rally.
The Fed’s game plan–sink the U.S. doll…
