unitlancer
2022-05-20
thanjs//@MHh:

Really looks like no running away from recession.

More inflation will come for sure and the rate hikes don't seem able to tackle that. The next rock would come when Powell has to swallow his promise and dish out a 0.75% rate hike. 


Inflation eats profit margins and rate hikes threatens growth. Really a double whammy. On the practical front, need more cash to pay for daily staples... 


Tough days ahead...

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