Fewer than 24 of 400 Graduates at All-Black Morehouse College Applaud Biden
-
Biden has serious issues with Black voters judging from recent polls.
Judging from the reaction to Biden's speech to the graduating class of
Morehouse Coll...
2022-01-20
Inflation is Good For Stocks
ZH: The Puke
FFZ2 is the December Fed funds rate. At 98.935, the market is pricing in four 25bps rate hikes and starting to price in a fifth. If inflation doesn't subside, the Federal Reserve would have to hike something more like 20 times. Investors will quibble abuot how many hikes it will take to pancake financial markets, the economy and commodities, but that isn't really an argument in favor of buying those assets before it happens.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment