Higher rate for longer. People need to realize the Fed and any...

Higher rate for longer. People need to realize the Fed and any other central banks are not in control, inflation is.

Debt level, credit card delinquency, job cuts to "maintain profitability", regional bank stress, China's economic crisis, War in Ukraine etc all occurring while inflation remains sticky.

It was also the first time we start to hear the mentioning of stagflation in some main stream media.

People are still arguing about whether there's a recession coming in the US or Australia. What till you realize we're in stagflation.