No alternative?, chip wreck, and Earnings Exchange 4/27/22
The Exchange
00:00
The Fed Is Not Going to Rescue the Equity Market
A. Kelly: I think it's premature to be calling for a recession here. The latest data point that is causing some panic is first quarter g p atlanta fed, other measures are saying it could be close to zero. Inflation is going to be running very strong, so o underlying private sector nominal demand looks like it's still boomed in the first quarter. This is a white hot labor market ind an economy that has a lot of forward momentum and high inflation.
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