6min chapter

Hidden Forces cover image

Does the Fed Have Any Idea What It’s Doing? | Jeff Snider & Brent Johnson

Hidden Forces

CHAPTER

The Cantaloung Effect: Why the US Raises Rates

The idea that the US got hit first here is completely incorrect. This isn't something that just popped up out of nowhere and hit the US first. The tide was going out last year and revealing the guilt market was in trouble for a variety of reasons. Pakistan, Sri Lanka, all these major countries that are having monetary issues that stem for for a lot of these systemic issues that go back into 2020 and 2021. That's what the markets have been saying.

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