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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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From: Qone010/21/2022 7:40:28 AM
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Watched a interview with Claudia Sahm formed federal reserve economist on bloomberg just now.

Anyone that is talking about the first half of next year, there is a lot of false confidence. I would not be surprised at how fragile markets are and the fed will have to pause to get them back under control.

On Jim Bullard giving a off the record private event with citi bank and hedge fund managers, at which reporters were not invited.

It's inexcusable, the idea that he gave any remarks to private investors is outrageous. Its not an optics problem its an ethics problem, and he should go.

On if the fed is following a monetary theory or making it up as they go.

They are following the outdated Phillips curve theory, they are waging a war on workers. They think that's what it takes to get inflation down. Inflation is supply driven not demand driven.

The fed needs to slow down, but they won't.
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