Is Fed independence at risk?

Bullish:

• $INFLHEDGE - Potential return to 1970s-style high inflation, suggesting a need for inflation hedges

  • “Well, get out your bell bottom jeans and your wide ties because it's gonna look like the nineteen seventies.”

    John·15:45

Bearish:

• $BANKS - Vulnerabilities in the banking system due to interest rate risk and potential need for bailouts

  • “Second, if it tries to raise interest rates, you know, hello Silicon Valley Bank, my sense is throughout the financial system there are lots and lots of people borrowing short and lending long and, exposed to interest rate risk and hoping the Fed will come bail them out again when trouble comes.”

    John·15:45