before the fed announcement paul tudor jones was interviewed , here is what he had to say:
"If Fed treats [inflation numbers], which were material events, with nonchalance, then it's just a green light to bet heavily on every inflation trade. The idea that inflation is transitory, it doesn't work the way I see the world, I would be really concerned about arguing that inflation is transitory when we have inventories at a record low, we have demand screaming, and we have people who are really underinvested where they should be given the valuations of variety of financial assets."
"If they course-correct, if they say, 'We've got incoming data, we've accomplished our mission, or we're on the way very rapidly to accomplishing our mission on employment,' then you're going to get a taper tantrum," Jones said. "You're going to get a selloff in fixed income. You're going to get a correction in stocks."
"I look at $88 trillion of assets under management by asset managers. Of that, $670 billion are invested in commodity indices. That's about three-quarters of one percent. If I were to rewind to 2011 when inflation was peaking at 3%, those same investors had 1.2% of their assets (allocated to commodities)," he said. "If I just look where the asset managers are, the 60/40 types, the one thing they should be invested in, they are not invested in. So, you've got this massive short in the commodity complex."
so the fed is ignoring , watch what they actually do forget about what they say, the signs of inflation. if you eat , and shop at a market for food, price inflation is not lost on you. this action is shaking out the weak hands in the pmsector. its time to either hold on , or step up to the plate and add. we are in weimar 2. make no mistake dont be fooled
dharma