1. Stocks: all-time highs
2. Incomes: all-time highs
3. Home prices: all-time highs
4. Crypto: all-time highs
5. US Inflation Expectations: highest since '08
6. Fed: we need 0% rates through at least 2023 & trillions more in bond buying to boost asset prices & increase inflation.— Charlie Bilello (@charliebilello) May 10, 2021
Fed's Kashkari: “For my friends on Wall Street, and I have a lot of them, I hear from them all the time complaining about the Fed’s policies that are mucking up their trading strategies”
*yea, Wall Street is very upset.$XLF pic.twitter.com/iiUbOAhCwq
— Sven Henrich (@NorthmanTrader) May 10, 2021
Imagine being an engineer with a $65k starting salary when you could be making $100k at Chipotle in 3 years.
— Ramp Capital (@RampCapitalLLC) May 10, 2021
Thank God the Fed’s QE program has gotten me my job back.
Now I only need $2.2M to buy this 961 square foot house. pic.twitter.com/LuUwunnhBP— Sven Henrich (@NorthmanTrader) May 10, 2021