The Fed is looking in the rear view mirror to see what happened in the last 3 years to flawed lagging indicators of inflation, while the administration refuses to take down the trade barriers with the EU, Mexico, Canada and China.  In short, everyone but Taiwan. Bloomberg News headlines say: Yields Are Up Across the Yield Curve…not my short and intermediate term high grade corporate bond ETFs I bought this week.

Stop listening to the talking heads in government and the news. The Fed keeps denying they had anything to do with the current fears of inflation. They didn’t print $9 trillion and two presidents didn’t ask congress to spend another $4 trillion?? They over did QE for 12 years and now they are overdoing QT.

The scientific evidence is overwhelming: Humans are the cause of all our problems. I’m for replacing both houses and the Fed with AI programs we can trust. Just think of the money we would save and the graft and corruption we would eliminate. No more insider trading! No more lobbyists! No more breaking news!

Worst case scenario: AI is as bad as the humans they replace…and we save a ton of money.