RE:RE:RE:RE:ok a serious post from meEstevanOutsider wrote: well when the clown fed was calling inflation transitory a couple years ago i took the other side of the trade and bought inflation stocks like energy. now the clown fed is claiming rates will stay high for longer and things start to blow up, so i am just trtying to position ahead of the curve. was a bit too early but surely the fed is almost done being hawkish and will be forced to pivot from this stance soon.
take al ook at the moody's report this morning. consumers are collapsing. recession incoming. fed hikes stop and cut cycle starts.
Beware of confirmation biais.
Huge wage increases (10% a year) + spking oil price. Inflation coming down? I'm not so sure about that.
Anyways. Good luck!