Surveillance: Wall St. and Main St. Brace for Recession (Podcast)
Bloomberg Surveillance
00:00
Is the Fed in a Tough, Tough Time?
Vincewright: E m had a tough pandemic that they could in part smooth over by fiscal largesse. We do know big anks are much better capitalized and are more rigorously monitored, witness the stress sets. Any time the fed is in the firming cycle, it's tough for financial conditions generally. And this will be an extremely tight, firming cycled right out.
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