by stylishskunk
Yes inflation is higher than it has been in 40 years.
The Fed’s actions will determine if we will continue inflation, start deflation, or cause stagflation.
There are a lot of similarities to the 70s and the Fed in a lot of ways is stuck between a rock and a hard place. So the expectation is we are positioning ourselves up for basically a lost decade of stagflation.
BUT what we’ve experienced over the last decade is much more similar to the Roarin’ 1920s. Low inflation/ interest rates. Irrational exuberance. Sky high valuations of garbage fuckin companies that piss money. Everyone is able to make money in the stock market (if you didn’t, you’re a true retard). Meme stocks galore. Debt bubbles.
The market NEVER has done what people expect. And that ain’t changing now.
We are no longer in for stagflation. We are setting up The Great Depression 2.0. The year is 1928. I would write more but my quill ink is running out.
Get ready. SPY 240 6/30/23
Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence or consult your financial professional before making any investment decision.