"I wouldn't count on rates staying at 1.5% for very long given what's going on," he added.
Stocks and bonds aren't the only risk assets catching his attention. Zandi also sees more trouble brewing in the commodities and cryptocurrency sell-offs. Plus, he's worried about the"Inflation is going to be higher than it was pre-pandemic," Zandi said. "The Fed has been struggling for at least a quarter of a century to get inflation up, and I think they'll be able to get that.
TradingNation Inflation wasn't a problem before the pandemic, even with 'full' employment. Then came massive deflation during Covid. Now we have predictable reflation post Covid. Reflation is not the same as inflation. TechnicalOrFundamental
TradingNation Minneapolis Federal Reserve President Neel Kashkari, who said he didn't see interest rate hikes until 2024. The Fed maintained it planned to keep up unprecedented monetary support until the jobs market had fully recovered .
TradingNation We could have a situation where the main street economy does well, but where the equity markets lag. No big deal.
TradingNation Minneapolis Federal Reserve President Neel Kashkari, who said he didn't see interest rate hikes until 2024. The Fed maintained it planned to keep up unprecedented monetary support until the jobs market had fully recovered..
TradingNation The Great Inflation of the 1970s was caused by loose monetary policy to finance massive budget deficits. (Sound familiar?) The inflation lasted nearly a decade and was finally squashed when the Feb raised interest rates to 20% We won’t have just a year or two of pain.
TradingNation 🙄
TradingNation All of the new cash in circulation, will likely and eventually end up in the stock market. More clearly, corporations sitting on a large piles of cash, will likely vote for share buybacks in order to preserve their own wealth. Buy the dip?
TradingNation The market is oversold and it was options and future expiry day on Friday so it will go up very strong today .
TradingNation Someone ask Mark Zandi to close his short because we will not sell
TradingNation Inflation ....business jacks up prices to scare people about wage increases. Key relationship between rent prices and wages. There are no material shortages. Stock qprices moved by scammers
TradingNation What a scare campaigns from CNBC , enough .
TradingNation Only a year? Sign me up.. I got time.
TradingNation horrible