As The Recession Asserts Itself, The Fed Takes A Hard Line Sinks Stocks |
August 30, 2022 | August 2022 Bond Updates |
Seems that, after Powell’s eight-minute speech, stock traders have finally seen what the bondies have known for some time, i.e., the Fed is hell-bent on bringing down Y/Y inflation and now appears willing to tolerate a Recession of some significance. |
View more at: https://www.forbes.com/sites/greatspeculations/2022/08/29/as-the-recession-asserts-itself-the-fed-takes-a-hard-line-sinks-stocks/ |
Related News |