JP has no responsibility, no leadership
$iShares 20+ Year Treasury Bond ETF(TLT.US$ JP is afraid to say anything that suppresses the market and is afraid of taking responsibility. He allows risky assets to rise; the latter will continue to drive up inflation, but he feels that no one is blaming him for doing so. Moreover, he is more afraid that his words will cause a slight decline. This is the same as the failed policy of 2021. Trump is likely to thank JP, and there will be a stagflation slump at the end of the year.
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