Fed Talk: "Balance Sheet Reduction Will Be Rapid"

Brainard's assertion that Federal Reserve’s balance sheet reduction will be rapid rests on her false assumption that the U.S. economy remains strong throughout the process. If the Federal Reserve follows through with this threat bonds will crash, taking the stock market and the economy down with it!

The Need To Move Reserve Assets From US Dollars To Gold

Traders selling gold on the prospect of a resolution to the Russian-Ukrainian war don't understand why buyers are accumulating. It's not about the war. It's about inflation. But sanctions, even if lifted, have highlighted the need to move reserve assets from dollars to gold.

The Federal Reserve Has No Excuse To Raise Interest Rates This Slowly

The headline PCE Index, the Fed's favorite inflation measure, as it understates it the most, surged 6.4% YoY, the biggest rise since 1982. Since even this flawed measure is more than triple the Fed's 2% target, the Federal Reserve has no excuse for raising rates this slowly or delaying quantitive tightening (QT).