U.S. markets surged as rate hike expectations plunged. The Fed doesn't have to hike rates now because soaring commodity prices will help cool inflatin by causing a recession, which is bullish because the Federal Reserve will have to restart QE. Everything is awesome. There has never been a better time to buy stocks!
Expect More Inflation No Matter Who Wins the Election
-
For many reasons, the Fed will struggle to contain inflation. This is part
one, deficit spending and interest on the debt.
It is almost like analysis, technical or fundamental, is pointless with a Fed backstop. Just BTFD.
ReplyDelete