How Aggressive Does the Fed Need to Get?
Real Vision: Finance & Investing
00:00
QT - Is That a Credit Event?
I worry very much about a credit event, yes. The reason is that so far the quantitative tightening has not gone on with any seriousness. They are just not putting back maturing securities and treasuries into the market. At some point, some large institution is going to have a problem,. We saw that happen in the United Kingdom last year when they had a sudden increase in interest rates.
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