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The “Everything Risk” Is Here | Ed Harrison
Forward Guidance
The Fed's Position on Inflation
How tight do financial conditions have to get in order for the Federal Reserve to be successful? It's pretty clear that 4.5% high yield spread, what we have now is not going to do it. Are we looking at 6% 7% likewise on the S&P? What's that roughly? A 20% selloff? Is that going to be sufficient? Or do we need to go lower? Yeah, it's hard to say. I think in terms of what the Fed is saying, it's interesting.
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