What "Safe" in These Markets Actually Means
Real Vision: Finance & Investing
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The Fed's Resilience to Sticky Inflation
The New York Fed published a blog post earlier this month pointing out that their version of sticky inflation is being revised upwards. So inflation is not going away. The Fed has to bring it down. Not doing so would be disastrous in terms of economic evolution, not just with the US but for the entire world. And I do think we won't get very many right increases from here though simply because liquidity is dried up,. We are going to see unemployment take up. But you know what, Ash, that doesn't necessarily have to be a bad thing. Higher interest rates are not bad for markets. It does mean that investments are allocated more judiciously and it does set the base for a
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