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Pastimes : The Philosophical Porch -- Ignore unavailable to you. Want to Upgrade?

To: Rarebird who wrote (11891)	10/30/2021 7:17:05 AM
From: Rarebird	Respond to of 26251

To be more specific, there will be a 10% correction once the Market comes to grips with the fact that the Fed is starting a tightening cycle of raising Fed Funds. The tightening cycle will be dangerous because the only thing it can possibly accomplish is create a recession. The inflation we are seeing is due to supply constraints, not demand. Once supply constraints are resolved, inflation will resolve itself and come down to more normal levels.