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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 681.44+1.6%Nov 10 4:00 PM EST

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To: GROUND ZERO™ who wrote (171178)4/8/2022 8:34:51 PM
From: yard_man  Read Replies (2) of 218663
 
I think the article is a little cliche'.

The Fed does nothing but screw things up ... this I concede.

However, I think if the Fed were really serious about reining in inflation -- they would have raised 1/2 point at last meeting and would be looking to do the same again.

The bond market is doing the work they refuse to do. Relatively speaking, they continue to be as easy as a certain VP. <g>

They are wimps when it comes to fighting inflation ... and should we expect any less ... they create it in the first place?? What they did in response to covid as well as the rest of the government was just a criminally calculated transfer of wealth. Destroy small businesses to enrich their cronies. Robbing from the poor and giving to the rich ...they are a private entity beholden to no one. The funny thing is they herald it as some sort of virtue ... call it independence, while in fact they are whores of the big financial houses??
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