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What is the Fed Doing?
Don’t fight the Fed used to be a positive slogan. That’s not the case anymore. If anything, it feels like the Fed wants to fight us, all of us, including the stock market and the economy. The Fed is actively trying to crash the stock market, break the housing market and push the economy into a recession. How do I know this? Because Fed officials are literally telling us this every time they speak. In fact, this week Fed chair Jerome Powell basically said people need to lose their job to slow inflation: We’re never going to say that are too many people working, but the real point is this, inflation, what we hear ... (full story)
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