$Hang Seng Index(00HSI.HK)$NASDAQ Composite Index(.IXIC.US)I tend to believe that the Trump administration is artificially creating a rapid recession to force the Federal Reserve to cut interest rates. The current interest rates are unsustainable for the U.S. government for much longer. However, to a large extent, CPI may remain highly sticky, hovering around 3-3.5%. If it doesn't come down, then the idiot Federal Reserve will stubbornly hold on, essentially sucking blood from the world to pay interest on Buffett's massive cash pile! This is unacceptable!
Better a short pain than a long one! Some costs must be paid!
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