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Is The Credit Crunch Here? | Peter Boockvar

Wealthion - Be Financially Resilient

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The Market's Reaction to Fed Policy

The markets have been more optimistic about Fed policy and then having to revise their forecasts. To me, the market right now doesn't care about the rate cuts just yet. They just want the pain to stop in terms of the rise in interest rates on the short end. I think they'll be mistaken because QT is still going on in a pretty huge way. And this gets back to a really important thing that we have to focus on is what level of real rates will the Fed be okay with? If it's not going back to 1 to 2 percent, then I'm sorry, everyone, we're going to have to live with higher rates. Maybe they're lower than where they are

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