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| Yes fed rates take 1-2 yrs usually to see the full effect. I saw Canada’s inflation dropped to 7%. But the 10yr -2yr is still inverted and has been for a minute. So there’s that. The bubble popping is already expected I think. Food prices might not skyrocket here but it sounds like the rest of the world will see high food prices. Russia is literally doubling down at the moment and trying to pick a fight with nato. La Niña is still predicted for the winter, so colder than normal. After midterms things aren’t going to be look so peachy i think
Also America still needs to fill its reserves and Unemployment is climbing
Edited by Deltamudd 9/22/2022 10:22
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