Greed and exuberance returned to Wall Street as we ended 2023 and welcomed the start of 2024.
Markets are trading near all-time highs, the Fed has switched to singing a more dovish tune, and confidence in a soft landing -- or no landing -- for the economy is high.
Did we manage to emerge from all the chaos and distortion of the past few years without a major reckoning? Have we dodged the bullet of recession?
For answers, we're lucky to talk today with top Thoughtful Money fan-favorites Stephanie Pomboy, economic & financial analyst and publisher of the respected research firm Macro Mavens.Perhaps more than anything else, she fears our growing culture of moral hazard, metastasizing from Wall Street now into Main Street, may end up being the trigger of the next economic crisis.
Follow Stephanie at https://macromavens.com/
Or on X/Twitter at @spomboy
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#moralhazard #recession #inflation
