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I think this may be interpreted as welcome by the markets: a significant reduction in the size of the rate increase, signaling the Fed is closer to a "monitorin
by mrcwinn 4y ago
I think this may be interpreted as welcome by the markets: a significant reduction in the size of the rate increase, signaling the Fed is closer to a "monitoring mode." Between recent reports of (not good but better) price changes and the disruption at the banks, if we can coast down on pricing without raising rates much more, that's probably the kind of landing you want.
Sad to think if only the PS5 had never been launched, none of this would have ever happened.
- tchock23 4y agoWhat is the connection with the PS5?
- Faaak 4y ago> Sad to think if only the PS5 had never been launched, none of this would have ever happened. Could you explain this joke (?) to me ?
- mrcwinn 4y agoIf I have to explain it, it’s not funny. I’ve failed. But since you ask - supply chain shocks limited GPU availability and further squeezed PS5 availability. That led to people paying absurd prices for PlayStations. The joke is that was the root of rampant inflation. I’ll go back to my hole now. Have a great day!