Biden’s transitory inflation theory continues to lose credibility. C-Suite executives, from 3M & Trane Technologies to General Electric, all agree that current US inflation isn't transitory. Indeed, inflation is a monetary phenomenon & it’s not transitory.https://t.co/K7wodXx74T
— Steve Hanke (@steve_hanke) September 22, 2021
Jerome Powell said one thing which is not stupid.. inflation is stronger than expected..
..and long term inflation expectations have collapsed pic.twitter.com/pz5X4nvHfk
— Alessio (@AlessioTMAD) September 22, 2021
Dallas Fed modeling shelter inflation hitting +6.9% Y/Y by year-end 2023 (from +2.0% currently). #Transitory pic.twitter.com/1qsE74HYkK
— Joshua Steiner (@HedgeyeFIG) September 21, 2021
https://twitter.com/edwardnh/status/1440764181003661313
Investors should have hedges in place in case the dollar does get out of control, Brent Johnson of @SantiagoAuFund tells our @DanielaCambone.
He shares why the dollar is the most under-appreciated risk in the market.
WATCH: https://t.co/3b1mWRb8aR pic.twitter.com/lAQoJqcJgr
— Stansberry Research (@Stansberry) September 22, 2021
🚨BREAKING🚨
Powell summary:
– Inflation is elevated
– It will remain so for months
– It will moderate
– There are upsides to it
– Fed achieved its goal in inflation
– Taper to be started Nov, completed mid-next year, but official announcement next FOMC meeting pic.twitter.com/CIFb5jUi5L— unusual_whales (@unusual_whales) September 22, 2021
https://twitter.com/NorthmanTrader/status/1440765186105765897