Surveillance: JPMorgan To Acquire First Republic
Bloomberg Surveillance
00:00
The Risk of Chairman Powell Becomes Triche
The risk that Chairman Powell runs now for months, in fact, we've been talking about the risk of him becoming burns. It's the bigger risk now that he becomes Triche and hikes at the most inappropriate time. I don't think this is a repeat of the 60s and 70s. This is a very different economic environment. And so I think the risk is greater that they move too far, too fast as they have.
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