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re: And I was wrong... FEDS raise the rates as expected.

Posted on 5/4/22 at 1:50 pm to
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
51795 posts
Posted on 5/4/22 at 1:50 pm to
quote:

Priced in. Hello stagflation


We're pretty much already there. Negative GDP and high inflation. The incoming even-higher increases to food and fuel are going to drive Unemployment back up. Look for the shedding of jobs really start up around July-August as those price increases really start impacting the economy.
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