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by simulate-me
1494 days ago
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How many recessions happen when a bunch of people think a recession will happen tomorrow? The Fed is trying to reduce inflation. It seems like they’ve done a pretty good job of doing so just by signaling an aggressive rate increase schedule. Once inflation is lower, they can go back to pretending stocks and real estate aren’t real inflation and start juicing the markets again. |
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I’m not certain many people think there is one coming. For whatever it’s worth many hedgies at NYSE are still blissfully ignorant too. (I know, I work at a major public hedgefund)