Date: October 16th, 2026 4:39 PM Author: Brussels Sprout (Apropos of the Wet Snow)
now they need to consider cutting in 2 weeks-- because inflation is here to stay---but we need to maintain a growing economy not a market crash to end inflation--higher inflation is just the new normal
Date: October 16th, 2026 9:43 PM Author: talented sticky telephone
Because it's not inflation. It's supply shock. So we had the new Fed chairman raising rates in the midst of an oil supply shock, as if raising interest rates are magically going to make 20 million barrels of oil flow through the Strait of Hormuz. It's completely absurd. It's like the Fed raising interest rates during COVID because there was a toilet paper supply shock.
oh i see - thank you. huh. yeah it is surprising that the oil shock has not seemed to hit stocks or other financial metrics all that hard yet - seems like it's dragging on corporate earnings in a lot of sectors. so you think we need the rate cut?