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Unusual Whales Pod #10: The Housing Crisis, Markets, and Real Estate

Unusual Whales

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The Fed's Aggressive Monetary Policy Tightening Is Getting Worse, Right?

Since March, the Fed has lifted its benchmark policy rate from near zero to a range of three to three and a quarter percent. The Fed funds rate is now expected to end the year in the mid 4% range with inflation yet to show signs of abating materially. It's just going to continue to get uglier, right? I mean, it has to. So many investors in this world, big investors that matter, that are levered, they're borrowing short and they're investing long and they're now inverted to curve. That's going to break somebody. And when we hit that point and they pause, they can say, "We're pausing" No one will

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