2022 will be remembered as the year of the Fed.
As inflation sits at 39-year highs, the Fed is frantically trying to control it.
However, there’s a fine line between:
1. Hawkish policy to tame inflation
2. Too hawkish of policy which crashes $SPX
Prepare for volatility.
— The Kobeissi Letter (@KobeissiLetter) January 9, 2022
— Invariant Perspective (@InvariantPersp1) January 7, 2022
— Invariant Perspective (@InvariantPersp1) January 9, 2022
The fwd multiple of longest duration stocks (high growth/low margin) has imploded from 15x to just 7x pic.twitter.com/3w9e0ne0GE
— zerohedge (@zerohedge) January 10, 2022
Bond guru Jeff Gundlach has been warning non-stop about inflation. Now he's warning about recession.t.co/QryuYiUk5x
This is the problem with today's "gurus", they jump from inflation hysteria to recession hysteria.
Investors are not positioned for recession. pic.twitter.com/S1KcKcZlx4
— Mac10 (@SuburbanDrone) January 10, 2022