by Bruce C.
Dollar Collapse
Excerpted from comments on previous DollarCollapse.com posts:
“Powell The Pivoter Cannot Now Pivot Back To Dove” — February 7
Just about everybody seems to think the Fed is going to “tighten” significantly. Then most think the financial markets will fall roughly 20-30% until the Fed has to “pivot,” but a few think the markets – the stock market at least – may actually be able to handle it and the party can continue. (One guy even thinks we’re about to enter an epic “melt up” in stocks that will last for months.)
But nobody seems to think that the Fed actually welcomes price inflation and all that that implies, and aren’t going to actually do much about it, except maybe to keep it under 10% or so.