Admission Of Wrong Call

Please click here for a chart of Nasdaq 100 ETF ().

Note the following:

  • Atlanta Fed President Bostic has broken from the pack and admitted that inflation is not transitory, and seems to be getting worse.
  • The Arora Report has a long track record of correctly calling in advance every time a Fed call has been proven wrong.
  • This time is no different.  We started sharing with you a long time ago that the Fed’s call of transitory inflation was likely wrong.