What Card Can the Fed Play Next?
Real Vision: Finance & Investing
00:00
Is the Fed Getting More Doomish Than It Is Now?
If the market continues to have a similar profile as we have now then I think a week Q1 earnings could be quite bad for stocks. My base cases they will we will see inflation going back to 2 but that would mean the Fed will have to raise rates to 7 maybe even 8% and it's not clear whether they have the stomach to do that. What we do know from history is that when Volker came in initially he was actually a bit more hesitant and he kind of stepped back a bit inflation ended up going higher.
Play episode from 31:40
Transcript
