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2min chapter
We Just Might Pull This Off
The Compound and Friends
The Fed Retorted Its Credibility
If we get a recession in the second half of this year, they don't make any noises about pausing or doing another hike. The Fed retook its credibility. Don't mess with the Fed when they tell you they're going to do something they do it. Or, hey, these idiots missed them in both directions. We had the worst inflation in 40 years. And then they crushed the economy after to add insult to it. What if those are the two narratives and you've got just two camps? I think it's the second one, but maybe I'm wrong.
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