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Tightening Into Weakness: Retail Sales ⬇ & Inflation ⬆ | Bankers Talk Extra Rate Hikes | M&M Show
U.S. #inflation hit its fastest pace in nearly four decades. U.S. #retailsales dropped by the most in 10 months in December. U.S. #consumersentiment declined in early January by more than forecast. In the second big jump of 2022, #mortgagerates again rose to a high not seen since the start of the #pandemic.
The #FederalReserve is talking about tightening at the same time the #economy is showing signs of weakness. There will be an event before this all plays out because it's now mathematically possible to stop this Ponzi scheme.
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