Tuesday, July 13, 2021

Paying attention?

I warned you they were not being forthright. If I, a simple home/small business money manager, can get an idea of what's coming, then they, with all their tools and inside knowledge, KNOW. For whatever intent or purpose, they are not being straightforward. 

“This is not what the market expected,” said James McCann, deputy chief economist at Aberdeen Standard Investments. “The Fed is now signaling that rates will need to rise sooner and faster, with their forecast suggesting two hikes in 2023. This change in stance jars a little with the Fed’s recent claims that the recent spike in inflation is temporary.” https://www.cnbc.com/2021/06/16/fed-holds-rates-steady-but-raises-inflation-expectations-sharply-and-makes-no-mention-of-taper.html 

Proverbs 27:12?