RE:RE:RE:Fed Vice Chaiman Brainard…True. There are now clear realtime signs that inflation is being tamed. FedEx shipments wayyyy down. Nike not selling shoes that used to fly off the shelves, and inventory wayy up due to lack of sales. Hell even the new iPhone isn't selling well and that never happens! Then on top of this, supply chain issues are also resolving. As is typical, the Fed will be late to "getting it right". But I wouldn't be surprised now if the did at least ease up on the rate increase, which the market will take as a positive. ""Less bad" is the new good.
clubhouse19 wrote: Sailboat
The Fed does not have a good track record on dealing with much of this stuff with regards to inflation or bubbkle creation.
They seem always to be either way too early or way too late in their decisions. Even the weathermen have a better record in predictions and they are paid way less.
Sailboatdream wrote: Thanks... we also have access to cnbc.