Central banks are collapsing the economy… Raising rates when the economy is going off a cliff and 75% of peoples income go to mortgage payment.
No one is buying Jay Powell's hawk act. No one doubts the FOMC actually intends to keep hiking rates and keep rates up, but markets know it ain't happening no matter what policymakers think about the economy. They're ALWAYS wrong.https://t.co/JY98hYnHw5 pic.twitter.com/wGoB76qXBc — Jeffrey P. Snider (@JeffSnider_EDU) January 5, 2023 The largest bubble that banks ever … Read more