Inflation Horror Show. The Fed has got a problem on its hands.


https://wolfstreet.com/2023/02/24/spiking-prices-in-january-upward-revisions-for-oct-dec-sink-disinflation-hoopla-services-pce-price-index-spikes-to-worst-since-1984-goods-jump-core-pce-red-hot-again/

Articles like this pour a lot of cold water on the idea that the FED will pivot and either stop raising rates or begin lowering them anytime soon.

With so many mini-rallies centered around the idea that inflation is ebbing enough to prompt a FED pivot, it seems pretty likely that broad market trends will continue to decline.

I'm pretty bearish these days. Anyone have a case for a bullish mentality for the next 6-12 months?


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