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Danielle DiMartino Booth: New Fed Rate Regime? What If Nothing Systemic Breaks to Force Fed Pivot

Coin Stories

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Is There Hope for the Future?

The bankruptcy cycle is in motion. Companies are being taken out of the system. And do you believe that we are sort of in this more commodities driven cycle and stock picking as opposed to what we had before? I think that the great big business models of the oligopolies of the world will be really tested in this recession, especially because they're the darlings of passive investing If the Fed does not ride to the rescue and make sure that whatever it is they're selling, people can keep buying. That's been the implicit agreement between corporate America and the Federal Reserve. Gosh, it'll be really, really interesting to play out because we have had a very coddled system

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