Officer Omicron and Insurgent Inflation Team Up To Fight the Fed

Scene 1
Darth Powell summons the legends of the past to formulate the plan to fight the Omicron and Inflation insurgence.
Brigadier Bernanke, General Greenspan and Veteran Volcker report for duty.
“We are at an event horizon, what should we do?” declares Powell.
“Pretend it isn’t happening”, says Greenspan
“Bailout everything, print more money,” says Bernanke
“I killed inflation forever, this cannot be happening,” says Volcker

Powell rises from his throne and addresses the senate.
"There is nothing to see here. We will continue as normal, and start to cool off our insurgent inflation with the ice bath of interest rates, and the tepid taste of tapering."
In the background the sound of screaming.
Cut Scene 1.

Scene 2.
The morning after a sweet night of passion, Omicron and Inflation wake up with a hangover and get to work on terrorizing the economy. Officer Omicron has already infected 30% of the planet and inflation is rampant.
Cut Scene 2.

Well, that was exciting, but if the global economy was a star wars movie, it would be something like this.
A big gap down today, and the short-term outlook is definitely to the downside, with limited room for stimulus, and unlimited room for inflation, virus infections, and lockdowns.
Short-term RSI – Nasty
KST – Nasty
AD Ratio - ouch
Choose Your Ending

Scene 3.

After two hard years the people of Naboo (earth) are battered yet determined to summon the force to fight whatever stands in their way. It will be tough, but we will beat nature and fight to live another day. 15% to 20% drop in equities, a collapse in crypto, followed by a green revolution where we live in ESG harmony.

Scene 4.
Mother natures death star finally scourges us to hell causing the next great depression, which takes an entire generation to recover from. (Like the 2000 dotcom bust 8-year recovery)

Scene 5.
Darth Powell farts, and the world goes on as normal 😊

Cast your vote now.
Scene 3, 4, or 5.

If you like, then hit like.

Barry

Comment:

I guess scene 3 won.