Posted on 06/30/2022 11:03:34 AM PDT by lasereye
Didn’t the Fed just say rate increases until March 2023?
We're damned if they do and damned if they don't..................
That’s what they said. At the rate they are going it is going to have to be until March 2043.
I should have need an Economist or a Weatherman…
Need = been
BTTT!!!
“‘They’ll chicken out’: Fund legend Rick Rule says the Fed won’t keep hiking rates aggressively to prevent ‘amazing damage.’”
No, they can’t prevent amazing damage. But they may be cowards who will kick the can down the road and let the damage keep accumulating.
Actually, they both say you are damned if you pick the left door. Pick the right door
No hangover if you keep drinking.
Of course there’s eventually cirrhosis and death…
LOL! I never noticed that before. Good catch.
(rate increases until March 2023?)
This should end well...
I look forward to living in the woods and eating mice…
Find out at the end of next month. The FOMC meets then.
They’re NOT gonna chicken out after ONE rate hike. History says they overshoot and cause non-trivial market damage. They are NOT GOOD at predicting. They are not even that good at seeing the damage they cause, then adjusting their thinking, maybe, and then possibly considering reversing course. They think they are the saviors of the world, it is only AFTER knocking down the economy that they POSSIBLY consider they might have been wrong or MIGHT have gone too far. Barring clear, observable, and sustained damage, they very slowly become open to the idea that they themselves may have caused same. They are no better at predicting things than anyone else. Absent any or all of those hiccups, they still think they are the experts, the saviors of the world. The LAST THING they will allow to enter their thinking is “MAYBE WE WERE WRONG”.
But you chose copy editor? /s
There are soooo many with normalcy bias out there.
Meanwhile the rudder is too small to avoid hitting the iceberg 🧊.
Only had the ice cube on this phone.
😜
What fun, this Great Reset shall be.
When are the second quarter numbers announced?
LOL, engineering. I’m probably not supposed to be designing electrical systems while talking smack online…
You can avoid reality all you want, but you can never avoid the consequences of avoiding reality.
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