Maharg34:This means there is more tail risks related to inflation (a huge negative to bonds, even TIPS) and a massive reduction in tail risks to stocks.
Market has correctly responded to this by valuing stocks higher.


So, it's different this time? Cool!>>


No, its not at all different. Did you miss when we recently played these cards?

After a one-month stock market blood bath/crash the Fed bailed out the stock market to all-time record highs, easy peasy! Still plugging higher!

As warned --Fed actions boosted the inflation rate which skyrocketed to NINE PERCENT--4 times higher than pre COVID. Oh well...

The game plan has been laid out perfectly. And the administration warns " we're gonna run it hot". Supersize it. Next month--just to make sure-- we'll get the Fed Chairman who will assure there's no confusion. This plan is recently TIME TESTED.

Like it or not, this IS the plan. And it seems to have bipartisan political support.