RE:My call for t.NDM still sits @ .15....dudes, this has been Markets were also green under Clinton and Obama. Trump just got lucky that the Fed screwed up and kept interest rates too low for too long. Now the chickens come home to roost, nothing to do with Biden but Powell's problem.
Actually the only thing Biden did do wrong was bringing Yellen in as secretary treasurer and re-installing Powell. Powell was reinstated due to pressure from Rebulicans wanting him to stay at the helm. Anybody Joe would have put up would have been downvoted by Rep's.
So just a comedy of errors brought about by naive central bankers.
Yes inflation is transitonary - Rolol. Sure bud.