The Fed has clearly stated it has no intention of lowering rates before the end of 2024, but the market keeps wanting to get high on the fumes of hope.
The last 3 days in the market are an example of how foolish it is to attempt to trade the market based upon news. They are all making it up and have no idea what is going on.
The Fed was the culprit in raising inflation. Market forces in the geopolitics of oil have now taken over in driving up inflation, and there is NOTHING the Fed can do about it.
The Fed is at the center of all of the plots of the deep state to destroy us. Ron Paul has waged a heroic battle against the Fed. The slogan, “End the Fed,” is forever associated with Dr. Paul.
Nearly the whole world is battling raging inflation, and currencies are battling each other. The collateral damages are the stimulus-dependent economies of entire nations.
I am going to start a two-part series describing what is in my personal portfolio and why. This letter is in the “do as I say and not as I do” category.
