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MartyBent / Marty Bent
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2023-03-04 17:41:12

MartyBent on Nostr: The 2Y Treasury Note rate is above the Fed Funds Rate. Markets are expecting ...

The 2Y Treasury Note rate is above the Fed Funds Rate. Markets are expecting inflation to remain elevated for longer.

The Fed is screwed. Hiking rates is doing little to nothing to tame inflation. They’re going to crater the jobs, real estate and auto markets and have to pivot while inflation is still screaming.

The world is becoming more polarized which will only exacerbate the problem.

The process of hyperinflation has started.

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