Bloomberg Businessweek Weekend - January 28th, 2022
Bloomberg Businessweek
00:00
The Fed Put Is Not Going to Work
A ja powl talked about it in the press conference, youknow, i hope i'll be here to look back and see how we assess everything exactly. A that's clearly transitorys clearly turned out to be a lot longer than anyone realized. Stock market's been up an average of 24 % per year for the last three years. So it's really hard to make the case that this 10% dip in the s and p 500 is enough to cause the fed t to reverse course.
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