TINA the Faceless Mistress (guest: Steve Sonick)
The Market Huddle
00:00
Fed Raising Rates in a Bear Market
Powell: The fed is not inclined to intervene in the high yield market just to bring in credit spreads. He says if and when those credit spreads threaten the flow of money through the system, they'll do something. "It's really very tricky to put a number on it," he adds. 'I don't portray myself as an economist'
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