Loading ...I don’t see Powell raising, but I agree if he did it would surely tank everything.
The economy is in shambles. Walmart and Target cutting grocery prices. Now the fast-food folks bringing back $5 meals. People are broke, credit cards tapped.
We have inflation in some stuff, but I think we’ll start getting deflation in other stuff. Housing, electronics, durable goods. Seems oil and gasoline have been about the same for a while. I’m not quite sure how this looks a year from now, but people are broke. These utility companies are just flat criminal though. Same with insurance.