Forget the Fed, Cruise Control, and The Busiest Day of Earnings Season 7/27/23
The Exchange
00:00
The Fed Is Fundamentally Irrelevant in the Market
The Fed is pulling back on liquidity to the extent that they're selling off securities and reducing their balance sheet. The rise of passive investing, funny enough, has contributed to this because every time there's a major change in rates,. many of the leverage traders have to either buy or sell to avoid their margin calls. And we'll hone in on three key names for the consumer ahead to exchange.
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Transcript
