Eiffel Towers and “Tons of Liquidity”

Turning to the market for a quickie, it sure feels like we’re living through a fever dream here… Yes, the RRP is gushing liquidity everywhere… Yes, the economy is booming… Yes, the inflation is accelerating… Yes, Fiscal is gonna be like 8% of GDP in 2024 (elections need stimmies)… …and amazingly, the Fed is talking…