Jerome today: “Look, it’s complicated, basically, we throw some shit at the wall and see what sticks. Next question please.” – #marketnews

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That’s my take home message from today’s meeting, I was going to leave this post as just the title, and I don’t really have much more to add. So yeah. Basically, we’re data driven, we’ll see what happens and react…

Edit: Also, the economy and the labour market is still strong, so our dicks are still hard, brace yourself for an extended period of higher interest rates.

Edit 2: Ok, I’m calling the market bottom, watch out 🏳️‍🌈🐻 The logic here being that, inflation is gonna run high for a while, bonds are now again certificates of confiscation and stocks (assets) are now the only thing that can hedge inflation.

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