[Barclays says JP will have to raise rates by 75 BPs in the next Fed meeting]( https://www.marketwatch.com/story/fed-to-hike-by-75-basis-points-next-week-barclays-says-2022-06-10)

[Former Fed members are saying there’s no way to cut inflation back without “aggressive” Volcker style action]( https://www.cnbc.com/2022/06/10/el-erian-says-the-fed-has-to-move-aggressively-to-beat-inflation.html)

So if your doing the math right the current rate hike plan has the Fed rate only hitting around 4% but if inflation is already at over 8.5 percent there’s no way around breaking out a Fed Rate of 5-6%…

As Elections draw closer in November Dems will become increasingly afraid of how much ground they will loose and put the screws on Biden…

Biden in turn will pummel JP into doing more and Powell will give up on moderate rate increases and just start hikes by eventually a full percent at a time effectively putting the Stock Market into a body bag with an obituary.