The irony of economics is that inflation expectations are always highest at the end of the cycle… The similarities to 2008 keep piling up!
The irony of economics is that inflation expectations are always highest at the end of the cycle. But when the cycle ends they collapse along with asset values. You can play that game if you are fast. But if you remain in the casino too long, you end up the bagholder. Again. pic.twitter.com/zU6hqOudyP — Mac10 … Read more