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Market Capo Gd P
Bel: The Fed is in a position where they've lost a lot of credibility, mayben all credibility at this points. They were genuranly scared of something ever breaking again, like during the financial crisis. So how'd you convince the market that you're actually serious without then actually breaking something? Bel: If i were the fet what i would do is i would jaw bone and get the market to tighten for me as much as possible - but everything in let stocks fall for once.