Powell's "transitory" error will require a rapid catch-up that could easily destabilize markets and the economy. It didn’t have to be this way, writes @elerianm t.co/nJuJsON5jv
— Bloomberg Markets (@markets) December 1, 2021
Bulls, it's a good Omnicom day, enjoy while it lasts, the Fed is now reading Zerohedge.
They'll return to the deflation paradigm after we're limit down a few times.
Citigroup posits a DOUBLING in taper. Meaning QE ending March followed by rate hikes. t.co/Zn6pKjpk9p pic.twitter.com/xtTH2I4Wyk
— Mac10 (@SuburbanDrone) December 1, 2021
Truly Disastrous Inflation Is Closer than You Think — and This Chart Proves It
In the 1970s it required 20% interest rates to stop 14% inflation.
What will it take this time? t.co/pciiyeckco
— Wall Street Silver (@WallStreetSilv) December 1, 2021
Omicron threatens to intensify supply shortages and inflation, OECD warnst.co/Wl5fzaJTNu pic.twitter.com/LbWAuyyyHE
— Tracy (𝕮𝖍𝖎) (@chigrl) December 1, 2021
L’inflazione in Italia non scherza@lauranaka @Altheaspinozzi @AlessioUrban @INArteCarloDoss @carloalberto pic.twitter.com/DehUppatLT
— Gianluca (@Theimmigrant84) December 1, 2021
There's currently 3 major developments weighing on EM: (i) most obviously the Omicron variant, which comes on top of a big COVID wave in Europe; (ii) accelerated Fed tapering to be announced Dec. 16; (iii) huge Turkish Lira devaluation, which risks spilling over into other EM… pic.twitter.com/zdClvb7ywy
— Robin Brooks (@RobinBrooksIIF) December 1, 2021
- Israel Introduces A New Bill To Outlaw Teaching The Gospel of Jesus Christ and Imprison Violators
- Large investors tried to redeem, and Blackstone said “sorry, no”. There is no buyer. This is 2008 again.
- China will officially join Iran to arm Russia, “if Kyiv does not accept the Chinese peace plan”
- The Great Financial Collapse of 2023. Comparison of Bear Stearns’ collapse in March 2008 and Credit Suisse in March 2023.
- OPRAH STANDS TO LOSE $590 MILLION AFTER COLLAPSE OF SVB
- Deadly Fungus Spreading Rapidly Through Hospitals
- Sperm has been almost entirely replaced by spike proteins
- Sending Depleted Uranium Munitions To Ukraine Is A War Crime Against The Ukrainian People
- Mexico begins to Confiscate and Seize American business in Mexico
- Literally 20+ media taking images of two people