The Fed minutes revealed what i’ve been saying all along. They can’t raise rates if their inflation targets aren’t being met.
“Nevertheless, in part because of the risks to the outlook for economic activity and inflation, the committee decided that it was prudent to wait for additional information,” the Fed said in the minutes.
With that in mind, one has to wonder if the Fed was purposely luring shorts into the market in order to spring a trap, horse-kick those motherfuckers into the middle of an active volcano.
Commodities are the play here. An easy Fed means higher commodities and weaker dollars.