Loading ...Captain Hook said he thought that the SM might finally crater and that would spook the Fed into reversing policy – if I understood him right.
Here’s the thing, if Blackrock has complete control over the SM, there’s no guarantee it will ever go down, or gold go up actually. I think the Fed knows they have destroyed our economy and actually intend to bring it to its’ knees by raising rates further, OR maybe they are in the early stages of trying to protect the dollar. I’m not seeing inflation much anymore in food or gas, I’m actually seeing some of the prices go down.
OTOH wages should go up, but not if they destroy the economy.