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re: The Crash Will Blow Everyone’s Mind and It Starts Right Now 5/18
Posted on 5/18/22 at 11:41 am to sawtooth
Posted on 5/18/22 at 11:41 am to sawtooth
quote:
The Fed will be raising rates for most of the year.
True, but they're already telegraphed that so (at least some of it) is factored in. It may end up being a wash if it puts the brakes on the inflationary pressure. I mean, people can literally feel inflation right now - weekly trips to the grocery and gas station are real-time data points.
I'm bearish myself, but I'm not sure I'm in the "this will be worse than 2008" camp quite yet. Could be quite ugly, though. Hell, it already is.
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