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Unusual Whales Pod Ep 15: FOMC, 50bps, Powell, Inverted Yield and the Macro market heading into 2023

Unusual Whales

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The Fed's Tools Are Working, Right?

Joseph Mutchlin: The Fed is using the tools they have available, which are mostly about the demand side. He says it can't address energy shortages or certain supply chain things; some of those have been alleviated. But he says its trying to slow down the demand side by restricting access to credit and overall putting more pressure on labor market. "The strongest indicator we have for a potential recession is the inverted yield curve," said Mutchlin.

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