Mike McGlone
Mike McGlone|5月 21, 2026 10:42
Adding Fuel to Inflation Fire May Not Fare Well Federal Reserve easing in 2025, despite the greatest stock market inflation since 1928-29, may be a top force buttressing consumer prices and what parabolic rallies in gold and silver sniffed out. History might view the New York Fed as responsible for beginning to raise its discount rate in 1928, as the stock market bubble surpassed 2x GDP, compared to today's Federal Reserve, which began cutting rates last year despite stock market-cap-to-GDP reaching a similar extreme premium as almost a century ago. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/tfdqm8kip3pk {BI COMD} #stockmarket #Federalreserve #inflation @BBGIntelligence(Mike McGlone)
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