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The Fed Tightening Until Something Breaks in Financial Markets
Sally Kohn: The fed could be in for some very acute pain in the near term. She says that with 75 bifts tightening, before the economy falls off of a cliff, or before something breaks in financial markets. That puts them in a position to slow tightening at the september meeting and potentially pause before year end, which should be supported for risk assets, she says.Kohn: A nothing on planet earth is omove faster off the bottom than crypto when the fed moves into that slowing or pausing environment.