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people are betting he s not, the markets are going to be where they are or higher. i ll say this. he sounded a lot like he was setting the ground work for raising rates. he s much more adamant that inflation has caught him by surprise. if it did catch him by surprise, there s a good chance that he might not last in to a second term. particularly if republicans take over the senate. they re going to want his scalp for missing the boat on inflation. fed policy is one of the main drivers here of inflation. one of the main drivers of the various bubbles in the stock market. the only rationale is that it s very people are going out on the risk spectrum because interest rates are so low. so he s going to be under a lot of pressure if this thing isn t transitory. what is striking to me, i know edward mentioned jamie dimon of