This is a big question. The underlying fundamentals are suggesting that the money injected by the fed IS going to people who need the money. But the big key difference here is that they are spending money on things they need; food (not finlationary), rent--which didn't go up (not inflationary), so the idea that we are headed into an inflationary economic phase transition this quarter is out of the question.
Inflation won't show it's head--because it's non existent and economical data is backward looking in nature-- and we will end up shifting for the 3rrd time this into stagflationary economic phase within the next 2 qtrs.
What's your thoughts?
15:31:50 (UTC)
Fri Jun 19, 2020
Inflation won't show it's head--because it's non existent and economical data is backward looking in nature-- and we will end up shifting for the 3rrd time this into stagflationary economic phase within the next 2 qtrs.
What's your thoughts?
15:31:50 (UTC)
Fri Jun 19, 2020
