Schaftlein Report | The Federal Reserve signals 3 Rate Increases in 2022

Topics: 1) The "Taper" is reduced to $60B of Bond purchases in January from $90B this month then winding down the program by the end of March *Dr. Michael Busler provides analysis along with the Pitfalls and Opportunities of the policy shift. The ECB increases Bond Purchases? 2) The stock market roars ahead after the announcement - Easy money ending and clarity of the rate hikes or is there something else at work here *Easy money is the drug the stock market craves 3) Wholesale PPI up 9.8% while the 10 Year note hovers near 1.50% - What does the bond market see ahead and will Inflation come down? 4) The $1.75T Build Back Better Bill is temporarily stalled on the Senate - Action not likely until 2022 5) Weekly Jobless claims total 206K, the 4 week average is the lowest since 1969 - 1.84M Continuous Claims which is the lowest since the beginning of the Pandemic 6) We have 11 M job openings and we are still 3M jobs below the pre-pandemic levels - Are Retirements to account for this shift? 7) Half of Voters believe Biden Policies are making Inflation worse - Inflation is at a 30 year high *"Transitory' may have been the worst Fed prediction EVER 8) How will raising interest rates coupled with a Labor Shortage and supply chain disruptions tame inflation? 9) Projections for 2022!