It’s All About Money has been Bill Tatro’s newsletter active in production for over 10 years. Previously this content was only available to paid subscribers. Now it can be enjoyed by everyone! Although new content is available on his podcast (found here), you can look through these older articles for interesting commentary and content.
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At a Senate hearing yesterday Fed Chairman Powell admitted that it was time to shelve the term transitory when describing inflation. So what’s next Jerome, higher interest rates, accelerated tapering? Only if you want to demolish markets and the economy. You’re between a rock and a hard place and who will suffer? Who always suffers? But this time they’ll see it coming. Not much of a consolation.