Pretty scary stat here…..as Marc Andreesen argues in this interview, you cannot build out a strong economy when these 3 areas of the economy are insanely expensive or out of reach.https://t.co/F3Szv6G9aP pic.twitter.com/6DzbBdsKdC
— Dave Floyd (@DaveFloydTrader) June 29, 2021
US Consumer Inflation Expectations at a 10-year high!🤔
If inflation expectations become entrenched it may not matter that central banks insist it is "transitory". pic.twitter.com/Ja90SwTFKU
— Richard Dias (@RichardDias_CFA) June 29, 2021
https://twitter.com/NorthmanTrader/status/1409952778080997379
https://twitter.com/PhilipSoos/status/1410048757241053184
FED'S WALLER: TAPERING COULD MOVE UP EARLIER THAN INITIALLY THOUGHT
— FXHedge (@Fxhedgers) June 29, 2021
FED'S WALLER SAYS INFLATION FOR NEXT FEW MONTHS WILL BE RUNNING WAY ABOVE OUR TARGET
— FXHedge (@Fxhedgers) June 29, 2021
Bailing out the corporate bond market was farthest of the bridges too far. Greenspan put modern day moral hazard on the map. Bernanke added QE & 2% inflation target. Yellen was slowest to tighten. Powell trumped them all. Zombies have never had it so good. Capitalism, not so much https://t.co/QLhTy44icY
— Danielle DiMartino Booth (@DiMartinoBooth) June 29, 2021