The WOTE Public: FED Risks Losing Control

The Fed is “going for” a soft landing on the belief soft June/July Core CPI prints will be the start of a durable trend. Bear steepening and weak USD are already calling BS.

The Destination

The destination for the S&P 500 has always been, and remains, crystal clear: Because above-2% inflation is the result of excess demand, not pandemic-related supply chain disruptions, t…