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The Problem with Pausing, Charles Schwab CEO, and Bet on Housing? 3/14/23

The Exchange

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Stocks and Bonds - What Should You Be Doing With Your Cash?

The Fed has to decide whether they want to bring on that credit contraction immediately or take a chance on it a few months down the road. Given all that they've invested, they are going to accelerate the credit crunch and not solve the problem they want. So again, Larry, that sounds like a pretty bearish case for equities. I guess a bullish case for bonds and the idea that we're kind of this is the normal order of things when you're heading into a massive downturn.

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