> should have foreseen the coming inflation and the following interest rate hikes That's putting it lightly. Powell has been saying over and over again "more i

> should have foreseen the coming inflation and the following interest rate hikes That's putting it lightly. Powell has been saying over and over again "more inflation, more rate hikes." Even giving us approximately how many they are planning on doing in a given timeline. I don't understand why so many people think it's a good idea to prepare for the opposite of what the government is literally telling us it's going to do. That does not seem like a smart bet, but maybe that's just me. You can blame the government for some stuff but at some point companies have to own the decisions they make in the face of not just evidence, but also clear statements, that run counter to how they are operating. SVB made their bed in a large way here.