Joseph Wang: Fed Interest Rate Cuts Could Hurt The Stock Market
Monetary Matters with Jack Farley
Market Sentiment and Policy Interplay
This chapter discusses the current bearish sentiment towards the stock market and the significant influence of public policy on asset prices. It examines the potential economic consequences of the upcoming presidential election on monetary policy and hiring intentions. The conversation further explores the complexities of the Federal Reserve's independence amid political biases and pressures, emphasizing the need for accountability and careful policy management.
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