Inflation Talk Tanks Markets

(Length 00:56:20)

• Fed has become an arm of the US Treasury.
• Jerome Powell admits inflation problem is bigger and worse than he predicted.
• Investors rush back into energy stocks.
• Natural gas prices hit a multi-year high.
• Taper trades are in; markets moving back into the inflation trade.
• Janet Yellen would be fired and sued if she managed a private company’s treasury like this.