The Powell Put Won't Save Stocks | Joseph Wang
Forward Guidance
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The Fed Is Behind the Curve and Should Not Be in Front of It
Joseph Wang: The Federal Reserve is behind the curve. They're hopelessly behind the curve, hawks who want the Fed to raise rates say. What do they mean when they say behind the curve? He says he thinks of it as in their as slow to act. That's how I perceive it to be. And yeah, listen, what's the fence of handbait for inflation? Where rates doesn't make any sense? So you think the Federal Reserve isBehind the Curve and yet you think four rate hikes will crash the markets.
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