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Texas Bond King was right on inflation when the Fed was wrong. Now he warns a recession is next. (from http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=33F105C4F59D4AA69C62D3684E587832&url=https%3a%2f%2fwww.houstonchronicle.com%2fbusiness%2feconomy%2farticle%2fTexas-Bond-King-was-right-on-inflation-when-the-17285485.php&c=2585166038821055710&mkt=en-us)
When we last checked in with the Texas Bond King, he declared that Federal Reserve Chairman Jerome Powell was flat-out wrong about inflation being “transitory.” He predicted inflation would continue ...