Hike and Pause: What the Fed Decision Means for You
Real Vision: Finance & Investing
00:00
The Market Consensus Is a Moderate Growth or Small Recession
The market consensus is a recession commencing in the third quarter. To me, it's a matter of when not, if we will see the first rate cut now. In 2019, it took roughly six months before the cutting cycle commenced. Something similar to that would actually lead to a very hawkish reprising of the current outlook.
Play episode from 27:56
Transcript
