Inflapression (Inflationary Depression)

March 27th 2023 Christian Laggard raised interest rates by 50 bps last week, and Mr. Powell decided to raise the Fed Funds Rate by 25bps today and to keep the Quantitative Tightening Program at its current pace. It is hysterically funny that the Fed and ECB both...

Soft Landing, to No Landing, to Crash Landing

February 24th, 2023 The Deep State of Wall Street has changed the narrative from an economy that will probably undergo just a soft landing, to one that will now experience no landing at all. This specious propaganda is derived from the situation where we find CPI...