Michael Howell: Can The Fed Keep Raising Rates During A Banking Crisis? | Michael Howell
Forward Guidance
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Should You Buy Risk Assets?
Jack and Michael: Why aren't markets saying what the three of us are kind of saying on this particular chat here? And then my other question for you is, how does this all shake out? Because I'm with you that we do need to inject some amount of liquidity here. We still got a six-hand-allon inflation. It's no better. So if the federal reserve and global central banks have their hands forced,how does this all end up playing out? Well, let me suggest this. Go back and look at the FOMC testimony in 1984 in July by Chair Volker. That came just after the bankruptcy of Continental Illinois. But within a few days or
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