- Jerome Powell projects 4 rate hikes to bring interest rates to 1% by end of 2022
- Inflation to continue to rise in 2022
- US-10 Year Treasury yields move back up above 1.8%, bond prices still in major bubble
- Fed Balance Sheet still holds $8.86 Trillion in assets, mostly US Treasury bonds
- Oil markets to continue rising to $100 per barrel and more
- Odell Beckham Jr. proves Bitcoin cannot function as money
- Bitcoin acts as a risk on asset yet again in today’s market action, dis-proving its store of value potential
- Forex traders still don’t get it when it comes to gold
- It is impossible for the Fed to normalize interest rates without causing a deep US Depression