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There Is No Landing For The Fed With Patrick Newman

Lead-Lag Live

00:00

Is the Fed Trying to Make Market Participants Believe What They Say?

The Fed over the past several decades has gotten very good at trying to steer a certain narrative and make market participants believe what they're saying. The stock market will react off of the data that's released like we just saw with strong jobs numbers. But then if we get to revise months down the line, the stock market doesn't seem to seem to even care about revisions. It's always about the headline,. not sort of the true number, which you only find out over time.

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