The Birth And Rise Of Washington’s Infernal Inflation Machine, Part 5

This is getting truly ridiculous. They made another run at another all time high on the S&P 500 today, notwithstanding that the Fed’s self-inflicted inflationary trap is closing in all around it. So when the virulent incoming data soon forces them to start tapering ahead of schedule and to begin the “lift-off” of interest rates […]
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