Thursday, October 10, 2024

inflation is not going anywhere ...

 as shown in today's data .. plus, long-term rates like 30Y mortgage will stay and may go higher from here ..!

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Warsh created a great first impression [on me] ..!

Kudos to him and a great start on the new job .. with the shortest statement possible.. and giving up on providing forward guidance .. direc...

  • you don't need to be a PhD in economics ...
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  • CPI came benign ...
    either folks are not buying imported stuff which also helps the trade deficit - two birds killed with same stone .. obviously energy being l...
  • Too late .. Fed chairman ...
    his argument is that the forecasters are modelling based on projected tariff as called by Trump ... & if you are using the numbers used ...