> The index for all items less food and energy rose 5.9 percent over the past 12 months, the same increase as the period ending June. Fed is going to continue

> The index for all items less food and energy rose 5.9 percent over the past 12 months, the same increase as the period ending June. Fed is going to continue to increase rates. At some point the markets are going to wake up to that reality and tank. Then by holding rates high the Fed is going to break something in the economy and the recession will cause a financial crisis.