To Partners and Friends,
2021 is nearing its end and it sure has been an eventful one.. And later today, the FED meets to determine if tighter monetary policy needs to occur sooner than planned. Given the fact inflation has not been transitory and is in fact, a macro sustainable force. That said, and given where sketchy corporations and Governments sit with bloated debt on their balance sheets, tightening monetary policy too quickly can lead to financial instability and perhaps a black