Some Unpleasant Monetarist Arithmetic (guest: Jim Leitner)
The Market Huddle
00:00
Is That a Longer Term Solution?
When Powell took the 75 basis point possible increase off the able, he was supersurprised. The stock market freaked out and he was forced to pivot. He saw how quickly the market can really get unravelled. And if the stock market were to be down 30 % more, i don't think you'd be seeing a soft landing.
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Transcript
