This chart from today's Early Look shows increases in 2-year yields and two of Keith McCullough's longs, Copper (CPER) and China (FXI).
The problem, of course, for The People is that:
A) most of them don’t have Portfolio Solutions and
B) are going to eat it in rising real cost of living terms. Inflation should rise even faster if Powell cuts rates into #Quad2 (inflation and GDP growth accelerating) at Wednesday's FOMC meeting.
Yellen and Goolsbee may not want you to "get it," but The Bond Market does. Instead of believing these government clowns on inflation, we are long of it and getting paid.
Click here to subscribe to Portfolio Solutions and monitor when McCullough adds, removes and re-ranks CPER, FXI and 30+ other positions within his own portfolio.
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