2min chapter

Hidden Forces cover image

Jim Grant on What Inflation Means for Asset Values, Crypto, and Meme Stocks

Hidden Forces

CHAPTER

The Fed Won't Let This Market Get Away

markets have imbedded certain expectations around the fed and its response function. So how does this resolve itself? Is there any going back? If not, obviously, we never step on the same river twice. But can we use this as an opportunity to transition back into a world where investors can't expect the federal reserve to bail them out that markets just only go up and nothing ever goes down?"

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