MARKETS RALLY ON POWELL’S ERRONEOUS LOGIC

SIRS–

This is a scam The NASDAQ shot higher and is now STEAMING UP on the news that the Fed might ONLY hike by 50bps next meeting. EXCUSE ME if I interrupt your meth induced thinking — but this is fucking retarded.

The Fed cannot control inflation.

The Fed has LOST the initiative and WAY BEHIND THE FUCKING CURVE.

SIR —

The Fed funds rate is 1.75% and the CPI is 8.6%.

This is DISASTER.

Markets will do what markets will do. But if you’re buying here in the hopes inflation has been defeated — might I remind you now that you are fucking retarded.