Forward Guidance cover image

Michael Kao: Bank Bailout Allows The Fed To Tighten Even More

Forward Guidance

00:00

Why the Fed Won't Pivot?

I think there's going to be more of that coming. It's kind of inevitable with this type of a steep rate hike. And so back to your question on the shadow banks. Who knows? Right? I mean, we saw a snapshot of Bill Huang. Remember, how long was that ago? Was that almost two years ago? Two years. Well, I think there'sGoing to be More of That coming. But again, so then why do I think that the Fed won't pivot? Because at the end of the day, the big picture that I've had over the last year and a half to two years now is that we are in a fundamentally different regime where structural inflation

Play episode from 11:27
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app