They will likely stop at 3.5-4% again.
However they know they need to get there ASAP because they expanded the money supply by 40+ % in the past 3 years.
Prepare for 3 or 4 more rate hikes before its all over.
Alpha in: Oil, Real Estate [LT], Coal
Probs not tech stocks
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Between 1981 and 1987, Volcker drove inflation from 8.1% to just under 4%. That took 6 years and change.
To go from 4% to 2% took another 15 years.
The Fed's current target of 2% is a complete overshoot. It is a narrative to ensure they can be extremely aggressive
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