The Fed Knows Something We Don’t With Adam Kobeissi
Lead-Lag Live
00:00
Is the Fed Pivot Really a Good Thing?
"I can't understand the obsession everybody seemingly has with a Fed Pivot when all of history suggests that that's actually not a good thing," he said. "It might cause a near-term rally, but it doesn't mean that we're in the clear and we're running." The market would have been down hundreds of points five years ago if rates were to rise more than 50 basis points at this time, according to S&P Capital IQ.
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