The CPI has been coming in lower and lower month-on-month as the Fed has embarked on an aggressive rate hike campaign over the last one-and-a-half years.
Something to pay attention to as Summer rolls on.
"Fed speak" is something that is taken very seriously.
This comment from the Bank of England may seem like an overt acknowledgement that a central bank has complete control over your purchasing power, because it is.
It's much worse than they're leading on and it's happening across the world right now.
The CPI has been coming in lower and lower month-on-month as the Fed has embarked on an aggressive rate hike campaign over the last one-and-a-half years.
Something to pay attention to as Summer rolls on.
"Fed speak" is something that is taken very seriously.
This comment from the Bank of England may seem like an overt acknowledgement that a central bank has complete control over your purchasing power, because it is.
It's much worse than they're leading on and it's happening across the world right now.
Could the decoupling be upon us? We shall see.
Here's a chart that has been lingering in my mind throughout the week.
This, ladies and gentleman, is exactly what the camel's back breaking looks like.
While many of the talking heads out there would like you to believe that inflation is slowing down, all I can see are things developing that will only serve to make the problems we're experiencing significantly worse.
🇪🇺 #ENERGY MARGIN CALLS SEEN TOTALING AT LEAST $1.5 TRILLION - BBG *European energy trading risks grinding to a halt unless governments extend liquidity to cover margin calls of at least $1.5 trillion, according to Norwegian energy company Equinor ASA. — Christophe Barraud🛢🐳 (@C_Barraud) September 6, 2022 Despite a
