History may not repeat, but it certainly rhymes.
Trump is being handed a ticking time bomb… pic.twitter.com/yeRbdseDTy
— E.J. Antoni, Ph.D. (@RealEJAntoni) November 13, 2024
My best guess is Trump is going to be forced to slow things down by the bond market.
See Bill Clinton in 1992 if you wanna see the power of the bond market.
The similarities are staggering imo. https://t.co/97Y0sqfIBB
— QE Infinity (@StealthQE4) November 14, 2024
While October CPI inflation is at 2.6%, inflation is much higher in many basic necessities:
1. Car Insurance Inflation: 14.0%
2. Transportation Inflation: 8.2%
3. Car Repair Inflation: 5.8%
4. Homeowner Inflation: 5.2%
5. Rent Inflation: 4.6%
6. Electricity Inflation: 4.5%
7.…— The Kobeissi Letter (@KobeissiLetter) November 13, 2024