Fed may want an economic slowdown to blunt inflation by lifting interest rates, but a strong USD, recession, and credit crisis are baked in.
One data point from the Fed’s officialdom confirms the United States is in a technical recession and heading for a potential hard landing.
The Fed said everything was under control, but Jay Powell's "softish" recession is as close as it gets to whispering fire in a crowded theater.
The world is in a hot mess as the stock market indices are precariously bearish and it's a scalping environment for professional traders.
Inflation surges as Velocity of Money and consumer sentiment are plunging and the Fed's Taper Caper is making a recession inevitable.