The Fed Cares About Inflation

Until this year we had a remarkable number of IPOs and SPACs that were created take advantage of this booming market and low interest rates. Tesla is feeling some pain with the stock down meaningfully after hours because the company missed top line estimates even as it also beat earnings expectations for the 8th straight quarter. These new companies are running out of money and I believe that they will soon be in dire straits if inflation doesn't slow downbecause they can't do offerings. The analysts broke their houses though. You see they don't want to accept what I just told you. They just heavelessly keep promoting these kinds of stocks. What bothers me is that we know which