…due to vehicle insurance at 22.6%. The excuse of rising maintenance and parts have long since passed. This and other rampant services inflation is impervious to higher rates. The Fed are nuts to target something they can't really control, creating unprecedented goods deflation
— Albert Edwards (@albertedwards99) May 16, 2024
Another 100 million Fed intervention .
Becoming more frequent ,
Stealth QE .Banks showing small fractures . pic.twitter.com/VRjwPlrcO1
— The Great Martis (@great_martis) May 16, 2024
Powell walked into a casino.
Put it all on black.
And lost. pic.twitter.com/03uaDlMi9f— E.J. Antoni, Ph.D. (@RealEJAntoni) May 16, 2024
🇺🇸 Fed balance sheet -18.53% off high.
Could the 3rd time be the charm where a decrease of this magnitude doesn’t lead to a financial accident.
Chart: @charliebilello pic.twitter.com/QPfNZz5XgX
— Alex Joosten (@joosteninvestor) May 16, 2024