How Aggressive Does the Fed Need to Get?
Real Vision: Finance & Investing
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Is October Going to Remain in the Rearview Mirror?
Sree: The likelihood of revisiting October Maggie would be greater if the recession does not happen soon. If it doesn't, it's going to mean potentially a more severe recession and the Fed ultimately having to come to the rescue of everything again. So it may fuel equities, but not in the way that you wanted to with major repercussions across the rest of the economy and the bond market. That's an excellent summary Maggie. Which is which gives us a lot to worry about.
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