Just remember a boogeyman halfway across the world isn’t causing inflation. It’s central banks and governments spending like drunk pigs.
A 90% failure rate is not good odds LOL
— Financelot (@FinanceLancelot) May 4, 2022
There is now a 99.6% Fed futures probability of .5% rate hike tomorrow. The first since the Fed exploded Tech back in May 2000.
Best case, the odds of a successful bailout are now similar to 2008:
4 months, -50% @ MAX BAILOUT.
Worst case, TWO LOST DECADES. pic.twitter.com/y0Yhzw28GI
— Mac10 (@SuburbanDrone) May 4, 2022
“A recession at this stage is almost inevitable"- Former Fed vice chair Roger Ferguson
Will the rake hike on Wednesday be the last one with the recession setting in ? Will the Fed further crush the economy ? or will the election pressure force the Fed back into easy money ? pic.twitter.com/7VW99XNI94
— Wall Street Silver (@WallStreetSilv) May 4, 2022
How brutal has 2022 been?
The S&P 500's average return following a down day is -0.18%. Following an up day, it's -0.16%.
This is the 2nd year ever that both the buy-the-dip and chase-the-rally crowds have been so screwed.
The other was 1932. pic.twitter.com/gSTQi2BsSb
— Jason Goepfert (@jasongoepfert) May 3, 2022
Spec bloodbath out there pic.twitter.com/gpnodYwpF5
— The Great Martis (@great_martis) May 4, 2022
Fed Needs to Do More Than Raise Interest Rates
— Win Smart, CFA (@WinfieldSmart) May 3, 2022
“We have an energy crisis going on. I think one of the big issues that is going to help provide some relief is if we have a major economic deceleration, also known as a recession — but of course nobody wants that to happen”
Inflation Is Just the Beginning. А Few Words about how the State Multiplies Risks
The current extraordinary inflation and actually started stagflation is the result of a tremendous macroeconomic mistake of the state economic policy of developed countries and, first of all, the USA. A huge part of the respected academic and expert economic community has kept the U.S. and European…