Wednesday, February 02, 2022

That's a super cool trick.

 Said in the most sarcastic way.

After a huge year for growth, the U.S. economy is about to slam into a wall.

"Combine that with a Federal Reserve that has pivoted from the easiest policy in its history to hawkish inflation-fighters, and the picture has suddenly changed substantially. The Atlanta Fed’s GDPNow gauge is currently tracking a first-quarter GDP gain of just 0.1%."

Apparently....... just the mere mention of interest rates rising causes "growth"(also said sarcastically) to crater.

This is going to be a wild year because no one seems to understand that all of the past two years were made by printing money.