Welcome to the Machine with Stuart Sopp of Current & Anastasia Amoroso of iCapital
RiskReversal Pod
00:00
The Fed's Statement on Rates
"I don't think the market necessarily did because at one point on Wednesday, S&P was down about 45 or 50 handles ish and it appeared as though it caught them off guard," he said. "What's different now than in 2006 and seven and eight is the moral hazard." The global central banks that are all aligned on just 'we're going to print our way out of this' will not be able to wean themselves from their bond-buying programs if they continue for too much longer.
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Transcript
