How Will Stocks Respond to Lower Earnings?
Real Vision: Finance & Investing
00:00
Are You Underestimating How Much Pain the Fed Is Going to Tolerate?
I think people are underestimating how much pain the fed is willing to tolerate to get that inflation under control. You've, you've heard powell 'll say more recently, that in all likelihood, this is going to cause pain. And they made a very important point, because everyone talks of their dual mandate being employment and inflation but it doesn't mean employment necessarily to day. So they can make the argument that, although this is hurting employment to day, that for the long term, we need to squash inflation.
Play episode from 07:43
Transcript
