LightStarter

The #Fed is confident that this time it can raise interest rates without causing a recession as the economy is so much stronger now than it was in the past. A negative 1.4% Q1 #GDP provides more evidence that the economy has never been weaker when the Fed began raising rates!

Since @elonmusk is actually buying #Twitter the smart move is to sell $TSLA. At some point the #Tesla bubble will pop, and Musk's shares will be force-sold after the collapse to cover his margin debt. Given the size of his position the block will likely trade at a large discount.

Can the #Fed really engineer a soft landing for the economy if it allows a crash landing in stocks? Given how intertwined the #StockMarket and the economy are, especially with the wealth effect and employment, if the stock market crashes it will take the economy down with it!

Consumer prices jumped .8% in Feb, bringing the YOY rise to 7.9%, the highest since Jan. 1982. If the #CPI still measured prices the same way it did then the YOY gain would be over 15%, higher #inflation than any year during the 1970s and this stagflation decade has just started!