Shownotes
Summary:
The U.S. economy supposedly added almost a million jobs December 2021 – January 2022, but the stock markets continue to decline. What are investors seeing that government bean counters are not? As usual, It’s the Fed, Stupid.
Links:
BLS Jobs Reports
Fed will aggressively dial back its bond buying, sees three rate hikes next year
Federal Reserve Board Open Market Operations (interest rate history)
Free Gift from Tom:
Download a free copy of Tom's new e-book, It’s the Fed, Stupid, at itsthefedstupid.com.
It’s also available in paperback here.
It’s priced at a pre-hyperinflation level so grab a few copies for friends if you can.
It makes a great introduction to the government’s most economically damaging institution for liberals, conservatives, libertarians, socialists, and independents alike.
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