tigerkingsam

tigerkingsam t1_jaauq1s wrote

You only get rid of the sticky inflation we have now through high unemployment rates and decimation of home prices and stock valuations. Bernard Arnault, owner of LVMH being the richest man in the World should tell you consumption has gone off the rails into excess. Where the monthly mortgage for a 600k home with 20% down is 4k. We will see the market collapse like in the past when everyone realizes how much pain we have to go through to overcome sticky inflation. JPow will be the most hated man in the World but he will undoubtly give the chemo therapy that the market needs to live. Buls will be in breadlines EOY.

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