MAGA might be going short now on the “stagflation!” thesis…
Post yesterdays Biden admin disaster +6% CPI report analysis from Navarro on with Bannon yesterday.
Navarro in 100% congruence with the MMT thesis on their figurative "inflation!" ie Dems forcing too much fiscal and not enough real products and services to consume creating "inflation!"...
Navarro actually says he’s going short now; this is who you are trading against:
lol Navarro was probably in on the Trump decision to permit exports…,
ReplyDeleteAnd look at the senate composition of the big oil and gas states….
Ted Cruz has been out whining about “inflation!” or “stagflation!” or wtf too but he hasn’t recommended to rescind the Trump permit of exports..
All those people are killing it right now….
XOM is up 80% over last 12 months..,
And Dems can’t figure it out as usual … they are conflicted within via their “climate!” people…
But this is the first time I’ve seen MAGA say to go short equities…
ReplyDeleteThey are probably already short the bonds…. But this equity short is new..,
Take his money.
ReplyDelete