Surveillance: Longer and Higher with Chiavarone
Bloomberg Surveillance
00:00
Do You Think the Fed Will Be Too Hasty?
The markets have been trained, in part by the Fed, to look so far ahead of the curve on the economy, that I think they can be too hasty. The Fed hasn't really broken anything. They have put a pin in all of these interest rates sensitive sectors of the economy and guess what? When rates come down, those all re flare. And I think that's what the push and pull we're going to see over the next year.
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