Hope Springs Eternal
RiskReversal Pod
00:00
The Fed's Balance Sheet Report
Danny Cevallos: I think credit markets are going to remain tight and get tighter regardless of where rates go. He says the consumer is 73% of the economy; if their hamstrung, by definition, our economy is as well. The Fed balance sheet report came out yesterday with $8.73 trillion on the Fed's balance sheet - just eight points off the highs. But people are looking for an immediate like, "I guess it's all clear," he says.
Play episode from 07:58
Transcript
