I Can See Clearly Now, The FED Is Wrong & A Conversation With Helima Croft
RiskReversal Pod
00:00
We're Only Down 16% in the S&P 500 and That Just Seems Like Lunacy
The likelihood that the S&P would round trip its move back to its pre-pandemic highs just in around 3,400 or so from February 2020 made a lot of sense. And again, I think investors wanted to rally stocks because they're getting what they expected that the Fed is going to slow the pace of rate increases. But what they're not listening and Powell said this again and again and again is that the rate is going to stay high until that inflation comes down really hard.
Play episode from 04:38
Transcript
