A Dilemma Of The Fed’s Own Making | Danielle DiMartino Booth & Joseph Wang
Forward Guidance
00:00
The Fed's Decision to Let the Stock Market Go
The Fed is going to ramp up its quantitative tightening. The H8, which they follow every Friday, other deposits liabilities, you've already seen that flat line and threatened to go negative year over year. So we're we're seeing manifest liquidity depletion. And that's why you're seeing junk bond spreads. We have so many zombies in our midst when it comes to the US economy. It's not an option to roll their debt over. That's a real economy issue.
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