Bond investors are finally starting to realize that miracles only exist in fairytales… Inflation is a lot stickier than they thought… the US 10y is now yielding 3.70% up from 3.50% yesterday… 

The pace of Fed rate hikes is the fastest in the last 40 years… This is the cost of overstimulating during Covid and then being asleep at the wheel for a whole year, while churning out nonsense about inflation being transitory… 

Fed magic ricks I guess We have $31 trillion in debt, Debt to GDP of 130% and rising, interest on the debt rising to over $1 trillion per year and entering a recession. 

RIP. Hope you are all ready for the storm CPI numbers out soon. #JimCramer  

Macron describing the future of European manufacturing :