Loading ...I was looking at charts of the SnP and Nas at all time highs today. All the other indices are near all time highs. Gold too near all time highs. Add real estate to that. They are all part of the money supply. And they are all high.
They obviously are afraid to raise rates any higher to suppress prices. But the Media keeps saying they will cut rates, and are unwittingly giving a boost to the inflation hedges. They must be seeing what is going on, and thinking about what they are going to say at 2:00pm.
What is the Fed Chief going to say? LOL