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What the Fed’s Rate Decision Will Mean for Markets | Andy Constan

Hidden Forces

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The Role of the Fiscal Authority in the Recovery

I look at the Fed as being not a director of the economy, but someone who leans against the economy when it's going too far in one direction or the other. And I think the fiscal side plays a much, much bigger role now than 15 years ago. So all those things are possibilities, and I could see them going in the way they go. It just seems like this is a really big question for investors long term: Do you want to be exposed to an inflationary trend or a deflationary trend? You know, feel free to comment on that; I have many more questions for you.

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