|
The economy is strong. The market volatility is taper and rate tantrum. It must be that way because interest rates and liquidity are used to price assets and value cash flows. It doesn’t structurally change the prospects for most businesses. I expect good Q4 and Q1 earnings. Q2 also for that matter.
One Fed governor today said inflation at 2.5% by year end. I believe it, on a monthly basis. Full year 2022 inflation will be higher but we should enter 2023 much closer to long range average.
Last edited by chassis; 01-18-2022 at 06:34 PM..
|