Inflation risk is more likely from a US China trade war or conflict escalations in eastern Europe or the middle east. The interest rate was a pretty blunt instrument to combat COVID induced inflation; but it’s the only one the Fed has.

I’m concerned the stock markets are already overvalued; (edit: S&P500 used for these numbers) up 17% YTD over 85% on a 5 year mark… that’s borderline bubble; throwing more cheap money at it isn’t what we need at the moment; a more cautious return to lower rates is called for in my opinion. Give the markets time to digest and use the meeting minutes to signal likely further declines.

Larger cut than I think was appropriate at this time. Employment is cooling, but still positive. I wonder if some of the unpublished leading indicators show a more bearish picture…

The reality of Texas green energy is so detached from the political rhetoric from politicians… The state making the most wind energy has leaders in the capital demonizing it while the state finances (and citizens) clearly benefit. I wish the voters of Texas paid more attention and called out such obvious gaslighting :(

PPI at 0.1 brings us solidly back in line with pre-covid inflation numbers; with the 12-month at 2.2.

Core PPI still higher at 0.3 (3.3 for the 12 month period).

Certainly feels like the covid kinks have mostly worked out at this point and prices have stabilized… If there’s no shocks it’s looking much more likely the Fed lowers interest rates this quarter.

“The goal is to make the town progress by improving the resilience of its inhabitants,”

Sounds a bit like Stardew Valley?

I’d suggest Podman over docker if someone is starting fresh. I like Podman running as rootless, but moving an existing docker to Podman was a pain. Since the initial docker setup was also a pain, I’d rather have only done it once :/

For me the use case of K8s only makes sense with large use cases (in terms of volume of traffic and users). Docker / Podman is sufficient to self-host something small.