Yea, they're really serious about fighting inflation…..
$126B in 2 weeks when inflation is at 30 year highs.
Powell did not want a December 2018 repeat.
This maintains a 100% correlation over the past 13 months of monthly record highs balance sheet & record highs $SPX.
— Sven Henrich (@NorthmanTrader) December 23, 2021
— Russell Warren (@RetirementRight) December 23, 2021
"Higher prices destroy demand. If you look at actual consumption expenditures in real terms they are actually falling, especially for those that are lower income earners." Michael Green (@profplum99)t.co/8SF2PgmxMv
— Danielle DiMartino Booth (@DiMartinoBooth) December 24, 2021
1. Stocks: all-time highs
2. Home prices: all-time highs
3. Wages: all-time highs
4. Job openings minus unemployed persons: all-time highs
5. Inflation: highest since 1982
6. Fed/Government: we need to continue to hold interest rates down at 0% and borrow/spend trillions more🧵
— Charlie Bilello (@charliebilello) December 24, 2021