Thursday, July 28, 2022

♟ When Will Inflation Be Old News?

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"Inflation is a harder genie to put back in the bottle than many people realize."

Karim Rahemtulla, Head Fundamental Tactician, Monument Traders Alliance

Karim Rahemtulla

Don't hold your breath or buy into the Fed's mumbo-jumbo.

Yesterday, the Fed raised rates another 75 basis points.

The rationale is that raising rates will slow economic growth, and that will in turn slow inflation.

Maybe.

But if history is any guide, we ought to be skeptical.

Learn How You Can Play Inflation to Your Advantage
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