Today the Fed reminded us they have one objective (and only one): to bring inflation back to its target level of 2.0%. However, the unspoken narrative was sacrifices will need to be made (i.e. expect a recession)
"Inflation"
Worst 6-Months to Start a Year Since 1970
It’s becoming increasingly likely we will see a recession next year (maybe before). And there’s one thing that every recession has in common post 1950 — aggressive Fed tightening into a slowing economy.
Will Falling Commodities Help Drive Inflation Lower?
Commodity prices are well off their peaks. In theory, this should lead to lower CPI in coming months. But is this more an indication of a recessionary risk? I think so…
The Bear Roars… Markets Price in 75 bps Hike
When it comes to the market – there are (a) times to make money; and (b) times not to lose money. Now is the time for the latter… the past decade was the time for the former.
For a full list of posts from 2017…