People are realizing trips to the gas station and supermarket are way more expensive now, and that’s what matters. The rest is sauce.
The markets are not the economy, but a reflection of it, with lots of speculation, and the uneasiness, and multiple days of drops this year are giving a signal, a warning. Overheated economies will cool down, and the next couple of years will be rocky.
If Trump is whining about the FED, someone should tell him that this is what happens when the economy heats up. Inflation will kill the economy, and we are getting to that point, if we aren’t there already.
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