We get yet another signal this morning that the Fed’s inflation generating activities have spun out of control. Despite the record setting pace of home price increases…
…they’re still pumping $120 billion per month into markets. Madness.
And, the algos which have made the whole operation hum are greedily eyeing a continuing spike in oil and gas prices. Yes, even more fuel for the inflationary fire.
There is a way out, but the market won’t like it.
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