2min chapter

Animal Spirits Podcast cover image

No Soft Landing (EP.282)

Animal Spirits Podcast

CHAPTER

The Fed's Thinking About the Stock Market

The stock market is showing it doesn't matter for financial conditions. People are still spending money when the stock market is in a bear market. The Fed's current line of thinking puts us back into this boom bust cycle where we have these mini booms and busts happening so quickly, he says.

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