Okay, Computer: Move Slow & Don’t Break The Bank w/ Deirdre Bosa, Rick Heitzmann and Jeff Richards
RiskReversal Pod
00:00
How's Capitalism Working, Guys?
The irony is that back in 2018, when Fed Chair Powell started at his job, he started normalizing interest rates. And what happened? We had a little bit of a global growth scare in Q4 of that year. The stock market went down 20% in a straight line and they pivoted. So then we got to this point where, okay, you know, the Fed put is in full effect here. They want to keep risk asset prices bid up.
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