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[Music] all right today is Wednesday March 22nd this is a recap for the stock market activities today uh folks I got a good one for you tonight lets begin with this we have a major dilemma in the economy right now and we know that at some point were gonna head here what are you talking about Maverick Im talking about the fact that the Fed was way way way behind the curve and it continues to be by the way and in this channel since the first quarter of 2021 weve been warning the FED that youre gonna start tapering now Mr Powell inflation is not going to be transitory the tightening of the monetary policy must begin now of course the FED dismissed inflation as transitory not just the FED but also the White House the treasury secretary the economists the experts the talking heads on TV everybody was saying that inflation is transitory no need for reaction by the FED of course at some point when the evidence became too much the FED finally admitted that if nation is not transitory and