
Stephanie Pomboy: Will The Rise Of Moral Hazard Be Our Economic Downfall?
Thoughtful Money with Adam Taggart
00:00
The Impact of Higher Interest Rates on the Economy
The speaker discusses the vulnerability of the economy since the global financial crisis, highlighting the increase in bankruptcies, delinquencies, and bank failures. Despite these negative indicators, the financial markets show no signs of rate hikes. They also analyze market expectations and how Powell's dovish talk reinforces the belief that higher rates are temporary.
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