Since the 80's every time consumer sentiment was this
depressing, FED has been forced to cut rates in order to stimulate
the economy. This is the first time in history they will be
RAISING rates with consumer sentiment at these levels. Ties
in with my weekend comments. Basically the FED is focused
first and foremost on taming inflation which is not conducive to
asset prices.
Since the 80's every time
Posted by steve on 6th of Apr 2022 at 02:22 pm
Since the 80's every time consumer sentiment was this depressing, FED has been forced to cut rates in order to stimulate the economy. This is the first time in history they will be RAISING rates with consumer sentiment at these levels. Ties in with my weekend comments. Basically the FED is focused first and foremost on taming inflation which is not conducive to asset prices.
Exactly. Not very pretty.
Posted by rfa300 on 6th of Apr 2022 at 02:23 pm
Exactly. Not very pretty.