Wednesday arrived and went with moderate fanfare and some excellent trading opportunities.  The FED as I guess promised raised the FED rate 50 bps with a press conference basically telling us the battle isn’t over and the worst is yet to come — but we will prevail and bring inflation back to the 2% target.  That alone tells us that the problem will exist for a while longer since the FED will remain attempting to conquer inflation from behind instead of getting in front of inflation and stopping it before it moves any further.  Yes, I’ve been told that 2022 is different from 1981 — and yes that is true — but folks from my experience inflation is inflation and it does the same thing to us in 2022 as it did in 2021 – there is just trillions more dollars running around in 2022 than there was in 2021 — and that is difference – inflation will continue to climb until the interest rates are in front of it and not behind it trying to catch it.