2min chapter

The Market Huddle cover image

Algorithms for Life (guest: Jim Leitner)

The Market Huddle

CHAPTER

Wall Street Thinks Everything Needs to Be Done Now

Wall street thinks everything needs to be done now. It needs te inflations a problem. We need to fix this now. And the fed operates on a much longer time frame. I mean, you know, if they raised rates four times, will that feed tro into the economy? Sure. But is that first hike of 25 basis points going to change anybody's behavior significantly? Noght. It'll affect financial markets moree effect an real economy exactly, exactly.

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