Closing Bell: Fire in the hole! Stocks plummet on Powell speech 8/26/22
Closing Bell
00:00
Can We Avoid a Recession?
The most important thing fr long run growth is havin anchored inflation expectations. Geffrey, he said that this was kind of jay's vulcar moment. So can we have an economy that deals with the most hawkish fed in a couple of generations, and doesn't necessarily have a particularly damaging recession? Well, i think there's no chance that we avoid a recession. But whether it's damaging or somewhat mild is, i think, worth the question.
Play episode from 09:56
Transcript
