Alternative Investment Posts
From Pento Portfolio Strategies:
Stagflation is undermining the U.S. economy, and that poses a huge problem for Mr. Powell and his merry band of money printers.
Inflation is running at a pace that is just about 3x faster than real GDP growth–a figure the Fed can no longer ignore. This is why Mr. Powell had no choice but to announce at November’s FOMC press conference that the Fed would reduce its purchases of MBS and Treasuries by $15 billion each month starting this month. Therefore, off
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