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Unusual Whales Pod #7: FOMC and another 75 bps rate hike with macroeconomic experts

Unusual Whales

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Is There a Recession Yet?

The fed is raising interest rates to combat historic inflation. The consumer has a very delevered balance sheet from the past two years, as well as corporates. A reduced market liquidity is actually ineffective at removing liquid deposits out of people's checking accounts. In a positive sense, i think that the idea of a massive ecession, ala two thousand eight, doesn't appear to be in the cards.

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