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1. Chineseman 🟥 #nobot (iamal_pharius@poa.st)'s status on Sunday, 12-Feb-2023 07:24:11 JST Chineseman 🟥 #nobot

   • Chineseman 🟥 #nobot
   markets believe the fed will throttle down qt for the Jan FOMC meeting. Not even waiting to level out on march.
   
   They have been cooking the narrative that inflation is gone for 3 months now. Its not gone. USA hasnt replaced its crude stategic reserves yet since selling it all to europe. Spring sowing season hasnt started yet, so food/fertilizer prices isnt reflective for the rest of the year.
   
   worst part of it is the fed still has not unwound 2,624,735 Million usd of housing bonds out of 8-9 trillion total off their books.
   • Chineseman 🟥 #nobot (iamal_pharius@poa.st)'s status on Sunday, 12-Feb-2023 07:24:11 JST Chineseman 🟥 #nobot

     in reply to
     853 billion interest on total debt for 2022. More than their 2023 defense budgeet
     
     Fed: More hikes likely, inflation is "slowing"
     
     Markets: QE november, no balls
     Kenny Blankenship repeated this.
   • Kenny Blankenship (dw2@poa.st)'s status on Sunday, 12-Feb-2023 07:24:43 JST Kenny Blankenship

     in reply to
     @IAMAL_PHARIUS I sound like a broken record, but every economic stat put out by the FedGov is total bullshit at this point
   • Chineseman 🟥 #nobot (iamal_pharius@poa.st)'s status on Sunday, 12-Feb-2023 07:24:44 JST Chineseman 🟥 #nobot

     in reply to
     Bambozzled
     Kenny Blankenship repeated this.
   • ☢️ :jhg_s: :jhg_n: :jhg_e: :jhg_e: :jhg_d: :denton_laugh: (nitrodubs@poa.st)'s status on Sunday, 12-Feb-2023 07:34:15 JST ☢️ :jhg_s: :jhg_n: :jhg_e: :jhg_e: :jhg_d: :denton_laugh:

     in reply to

     • Kenny Blankenship
     @DW2 @IAMAL_PHARIUS I'm of the opinion that every economic stat put out by most governments are bullshit.
     Kenny Blankenship likes this.
   • Chineseman 🟥 #nobot (iamal_pharius@poa.st)'s status on Wednesday, 15-Feb-2023 02:53:03 JST Chineseman 🟥 #nobot

     in reply to
     US CPI despite using new methodology is higher than expected.They have adjusted data for the last 2 months as well.
     
     This causes the data to present a more significant difference between Jan and previous months.
     
     CPI YoY: 6.4%, Forecasted 6.2%
     Last month 6.5
     Kenny Blankenship likes this.
   • Chineseman 🟥 #nobot (iamal_pharius@poa.st)'s status on Saturday, 25-Feb-2023 00:59:55 JST Chineseman 🟥 #nobot

     in reply to
     Fed rate futures (feb) show so that the market believe there is a rate cut this year. But to drop the 6.4% schizo CPI number down to 2% target without large hikes is impossible.
     
     YOY CPI will very probably stay there for the rest of the year if Powell gives up by march and announces a success. stagflation and depression keywords will be banned and blamed on someone(china,russia,conspiracy theorist).
     
     Fed still has 2.6 trillion dollars of housing bonds on its books. They might hike rates till all of it rots on their hand but very unlikely (no one is gonna buy that knowing it will fail).