Wow...

16 thg 6, 2022

Seems the FED really walked themselves into a terrible situation going with the whole, let's kick the can down the road and deal with it later. Man, they really should have increased interest rates earlier but now, seems the "everything" bubble is popping one by one. Equities and crypto took a beating and it seems mortgages are showing signs of weakness. For awhile I thought there could be inflation hedges in physical metals or crypto but that turned out to be total bs. At this point, it just seems like your option is to hunker down and hold on while we continue to see increased rates to slow inflation. This is definitely going to be an issue for awhile...