The central bank put, in this case, the Fed. Interventions really pervert a market because you don't know what's going on. And that has huge ramifications in the real economy. What we've seen is that the stock market has a tendency to immediately go to the conclusion very early on in a rate hiking cycle. The odds are improving every day that we're near the end versus the beginning.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode