Effective Fed Fuds 2023 - Powell's War on You

23 de set. de 2022

Growth, Employment, Inflation - aka what's left of the Economy.


1. Employment - seeking roughly a reduction of 12 Million Jobs.

2. Growth - reduction of 50% for S&P 500 from Highs.

3. Inflation - Leads until Rate Lag breaks everything.


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Capital Stocks


Powell - Bonds are going to see a Yield Curve Inversion, larger than usual. There is no single
condition, what is the term premium on Longer Rates is what matters most.

Powell - Housing will see a significant correction, we want the housing market back on a
sustainable path.

Powell - Equities are overvalued, period, the end. We're committed to "Price Stability"

Powell - The US should not return to a Gold Standard - Digital Currency is the path.

Powell - We flooded the System with Money (Digitally) by buying Bonds now we are selling them.


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Forward Rates are indicating he is very serious.

I've warned about this for well over a year now - safe to say its come to pass.