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Pod 25. July FOMC, Rate hikes, and What is happening with markets at all time highs

Unusual Whales

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The Fed Isn't Redoing the Economy

The economy simply isn't as interest-free sensitive as it used to be. Revenues go up with inflation, corporations are making a lot of money so they can obviously afford a higher interest rates. I actually think the Fed is maybe still a little bit behind and perhaps we've already had the recession that everyone has anticipated. Michael Bottoms: What we're seeing in the public markets is an echo of what we saw in 2000 and 2007.

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