RE: Good flash! Just what the doctor prescribed!13 Sep 2022 17:02
Inflation sucks! We all know that because we are experience it. When you pay a premium for food, petrol and rent is painful! But you know what’s worse, Ells? Not having a car or home because you lost your job in a recession. yes, this is happening in US now. Huge spike in corporate layoffs over last few months!
Tuesday, November 8, 2022, do you know whats happening on this day? Yes, Biden and democrats will be on the phone to Powell . Powell hiking rates by 75 bps just weeks before the midterm elections will put most democrats on benefits. LOL!! Not happening!
I think market will adjust to 0.75% rate hike but will end up getting max 0.5%. My bet will be on 0.25%. Hedge funds will get squeezed as they are net short a record $107 billion in S&P futures. Expecting big moves end of this month and next. Great for Valirx next few months. Tragte >60p
If this war with Russia ends tomorrow, inflation will be back below 2% in 3 to 6 months! It will end if democrats lose the midterm. Biden will lose majority in congress. Printer will switch off! Wellcome Donald Trump! Game over! You still want rates to go higher? Higher interest rates will things worse! Printing more money to help people with higher rates is better. lol.