There was a decision made during Greenspan’s era to never let asset prices stay down long . It’s better to have inflation ( like the last 2- 3yrs ) than to have asset prices crash like Japan . When Powell’s gone the dictators Fed chairman will crash rates destroying the dollar and inflation skying . I got no doubt when his 4 yrs up people will be 10 times worse off than now .
i am not a conspiracy believer, no one can control the markets. having said that, money printed has to go somewhere, most sits at equity market, no one can afford losses, like ira, 401k etc, even the placeholders don’t have value, they are still at par. look at cmbs, office buildings are pretty much empty yet we don’t see the banks are ready to write off and foreclose these type of assets like during the gfc, there is no mark. backup plan is to stash uncorrelated assets somewhere outside the states.
https://truthsocial.com/@realDonaldTrump/posts/114729009239087163 “t’s not politically correct to use the term, “Regime Change,” but if the current Iranian Regime is unable to MAKE IRAN GREAT AGAIN, why wouldn’t there be a Regime change??? MIGA!!!”
Congrats on your short position! I thought Trump was telling the truth back in April about not wanting war with Iran.