Expand The Idea That Inflation Is Transitory Is Nonsense : How One Hedge Fund Manager Plans To Profit From Fed Stupidity
by Tyler Durden
Tuesday, Jun 15, 2021 - 08:25 PM
Ahead of tomorrow s FOMC decision, and in general, two clear camps are emerging when it comes to the increasingly acrimonious debate whether the current soaring inflation is transitory or not. In one camp we have the establishmentarians: those with little vision, limited imagination, and whose job precludes them from conceiving of any outcome but that accepted by the groupthink led by the Fed. As noted earlier, this now includes the vast majority of Wall Street.