Behind The Markets Podcast: Jared Dillian
Behind the Markets Podcast
00:00
Do You Think the Fed Is Going to Get It?
I would definitely ask about the housing data and how that's lagged. I am sure that's going to be brought up at the meeting. The money supply M2 was reported last Tuesday, it fell by a large amount since March. There has never been a six-month period where the money supply has gone down the way it has over the last six months. All this is fitting into the narrative that basically inflation has been licked. It will flow through the pipeline. But the forces that were pushing inflation up are going at the present time.
Transcript
Play full episode
