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It’s clear the Fed totally overreacted, and continues to do so.

Summary:
Falling CPI, negative producer prices. It's clear that inflation was indeed transitory, but the Powell Fed completely overreacted and continues to overreact with more rate hikes planned. Total incompetence. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/

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Falling CPI, negative producer prices. It's clear that inflation was indeed transitory, but the Powell Fed completely overreacted and continues to overreact with more rate hikes planned. Total incompetence.



Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader.

https://www.pitbulleconomics.com/



Mike Norman Twitter

https://twitter.com/mikenorman



Mike Norman Economics: https://mikenormaneconomics.blogspot.com/
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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