Investors lose faith—inflation outlook doubles since pivot

The market no longer believes the Fed:

Since the "Fed pivot" began in September 2024, market-based inflation expectations have more than DOUBLED.

In fact, markets now see +3.3% inflation over the next 2 years, the highest since March 2023.

Has the Fed lost its credibility? https://t.co/cNVD32IqbR pic.twitter.com/KWjK2LekQM

— The Kobeissi Letter (@KobeissiLetter) March 29, 2025

See also Washington just added $5 trillion to the debt and called it reform. Spending is up 51.7% since 2019. The dollar is down 10% in 2025.

See also Washington's spending addiction just hit a new high. Elon Musk calls out "Porky Pig Party" over a colossal new bill. 16-hour read. $3.3T in new debt. 940 pages of fireworks.