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.
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