Is the Fed Going to Keep on Raising Rates?

The Fed will keep on raising rates until something breaks. At some point, the market cracks and then go back and look at what they've done every single time the market's cracked. They lower rates, but it doesn't like the first. I think that there's legitimate reasons for not marking mortgages or business loans to market. That could be possible. But the immediate thing is just getting out of getting out of the immediate crisis because there is one. The Federal Reserve guaranteed all the deposits. And right now it's implicit.

Transcript

Play full episode

Transcript

Episode notes

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app