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5min chapter
Kiril Sokoloff (13D Research) - An Insidious Environment
Far From The Finishing Post
The Fed's Mistakes in the US Economy
The current environment is one of the most challenging of your career. I would believe that three money and zero interest rates will be shown to have been probably the greatest mistake that the Federal Reserve has ever done. And there are many fundamentals that you can see in the US economy that are really turning down. We think the market is telling us at this particular moment that the ultimate outcome is inflationary. But we also think right now we're about to get a real whiff of deflation.
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