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Jerome's Dilemma: Inflation vs Recession | On The Margin

Inflection Point

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The Best Put Total Returns, Right?

The Fed sees inflation as the number one problem, and that means assets are going to go down. Will a recession cure some of the increases? Suret. This is not traditional inflation. It's changing the interest that banks borrow from the fed to lever up their balance sheets and buy treasuries cause no one else will. That ain't get a change. In fact, it will. The bank stocks just get whacked here. And we were buying our own debt for the first time in decades when this all started. We've seen this movie many times before but i'm still looking at things being like, "What do you do with your money?"

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