There is a technical term for economic slowdown coupled with soaring prices… Allianz’s El-Erian: Fed has backed itself into a corner on inflation

There is a technical term for economic slowdown coupled with soaring prices pic.twitter.com/FN4aiJ3Otw — zerohedge (@zerohedge) May 3, 2021   $spx ISM manufacturing pic.twitter.com/FA87i0Sw27 — Álvaro Oviedo (@alvoviedo) May 3, 2021 Container shipping costs continue to surge. pic.twitter.com/SUu5wmZRA5 — Win …

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Powell Put Sends Stocks Soaring

by David Haggith   Federal Reserve Chair Jerome Powell placed his put in stocks while saying there is none. When he doubled down today on a more dovish approach to the economy, Powell claimed the Fed is not designing interest rates …

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