Macro Dream Team: Lyn Alden, Danielle DiMartino Booth, Stephany Pomboy and Ivy Zelman
Wealthion - Be Financially Resilient
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The Fed's Policy Errors Aren't Making Sense
The fed may knowingly commit a third policy error and go further down the path than was anticipated. The fact that we are is emblematic the fed doing credit easing, which is against its mandate. I think he's focused on how much leeway the credit market is going to give him before it breaks. But i think he's determined to do more tightening than what's expected because of the immense political pressure against this inflationary backdrop.
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