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Markets right now are pricing the worst.

Eurodollar University

00:00

Is the Fed Really Trying to Say We've Got the Monetary System Under Control?

The Fed is trying to say we've got the monetary system under control. We've got the economy into a soft landing and all of it depends upon credibility that in the marketplace the Fed doesn't have now. The market right now seems to be betting Maybe it's a crash, but it's not likely to be a crash that changes the situation instead yields are reverting toward their lower term mean. That looks a lot like Japan Japan Japan Japan I'm Jeff. This is your dollar University.

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