The Fed Brought a Knife to an Inflation Gun Fight – Ep 873
· People who think that we’ve seen the worst of inflation are wrong. · Surge in credit card debt proves labor market is weak. ·
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· People who think that we’ve seen the worst of inflation are wrong. · Surge in credit card debt proves labor market is weak. ·
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· Biden putting America in much more vulnerable position with continued selling of strategic oil reserves. · Replacing full-time jobs with part-time jobs is not
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· As an American, Biden’s State of the Union was horrible. · Inflation Reduction Act will increase prices. · Republicans supporting Trump deficits paved the
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· Jerome Powell no longer believes the economy will have a soft landing. · Joe Biden is creating severe moral hazards with student loan forgiveness.
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· 4-week winning streak for S&P comes to an end. · Investors chasing momentum. · Not-as-weak is the new strong. · Mortgage applications at their
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· NASDAQ loses steam. · Rising gold and silver propels mining stocks. · Food prices increased faster than any month since 1979. · Consumer sentiment
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· Wall Street parties on CPI data release. · Minimum wage is bad economics. · Democrats prepare to shakedown the middle class while protecting the
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· Jobs report evidences a weak, not strong, economy. · Putin delivered price cuts, not price hikes. · Going into debt is not a sign
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· Treasury yields surge. · Fed forgets about inflation averaging. · Households take on all time record debt. · Nominal wages are going up, but
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· U.S. goes into recession; Biden and Fed deny it. · Media goes along with redefining recession. · The Inflation Reduction Act will increase inflation.
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