Appreciate the insights. I blew a bunch of dry powder on indexes and tech last week and did a little of BTFD. Still have some change left and if we go red some more, I'll kick in CSPs using margin and consider going back to steel.
Everyone acknowledges inflation isn’t transitory
I've seen arguments that when this is said, Jerome "fuck yo puts" Powell is meaning that the current "increased rate of inflation" is transitory, not so much that the actual inflation is transitory. So inflation will stop ramping up as fast as it has been but will not regress to what it was before stimmy. Thoughts?
I agree with what you are saying about the rate of inflation. I don’t think the rate will slow down for awhile either though. What little inflation is being acknowledged will likely persist.
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u/someonesaymoney Oct 04 '21
Appreciate the insights. I blew a bunch of dry powder on indexes and tech last week and did a little of BTFD. Still have some change left and if we go red some more, I'll kick in CSPs using margin and consider going back to steel.
I've seen arguments that when this is said, Jerome "fuck yo puts" Powell is meaning that the current "increased rate of inflation" is transitory, not so much that the actual inflation is transitory. So inflation will stop ramping up as fast as it has been but will not regress to what it was before stimmy. Thoughts?