Closing Bell Overtime: Bad News Already Priced In? 10/12/22
Closing Bell
00:00
The Fed Is Not as Concerned About Liquidity
The danger in these liquidity issues that you cite and they may not be focused on systemic risk is that one feeds into other issues which lead to the ultimate problems. Even David Einhorn your buddy from Wisconsin was talking about yesterday in an interview talking about bond markets are stressed around the world. So the Fed and I think you saw with the Bank of England they sort of feel they have the bazooka and thebazooka is I'm going to create that liquidity so we can solve any crisis that's going on. That to me just makes no sense.
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