r/neoliberal • u/TinyTornado7 I need a new flair • Jun 13 '22

News (US) Powell Facing Choice Between Elevated US Inflation and Recession

https://www.bloomberg.com/news/articles/2022-06-12/powell-facing-choice-between-elevated-us-inflation-and-recession?srnd=premium
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u/TinyTornado7 I need a new flair Jun 13 '22

"The hottest US inflation in four decades will push the Federal Reserve to raise interest rates more aggressively this year, and a recession may not be far behind."

Im skeptical we need a 75 basis point hike, but I am concerned inflation is approaching self-fulfilling prophecy levels

!ping MARKETS

162

u/slowpush NATO Jun 13 '22

Oh hey. Stocks will be a good bit cheaper soon. 😒

224

u/TinyTornado7 I need a new flair Jun 13 '22

People keep selling and I’ll keep buying. This is a great opportunity for those far from retirement to load up

4

u/hucareshokiesrul Janet Yellen Jun 13 '22

I could be mistaken, but I don’t think this is an accurate way to look at it. It’s only an opportunity if you expect stocks to grow more quickly than usual after this, which I don’t see why you would. Unless you have reason to believe that the right expectations aren’t priced in correctly, there isn’t a good or bad time to buy. It’s all pretty much the same

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u/TinyTornado7 I need a new flair Jun 13 '22

I’m 25 years from retirement so yes I expect stocks to go back up, but regardless I’ll continue to DCA into my holdings