Debt Ceiling, Hollywood Strike, Fed, and Banks (Podcast)
Bloomberg Intelligence
00:00
The Fed's Negative View on the Economy
The Fed is trying to generate some stability in the market, he says. But until you really fix deposit insurance and or the Fed cuts rates, which is extremely unlikely, they should have done at last meeting. We still are constructive about the economy, maybe not staying out of a technical recession, but not going into a deeper session,. And the real dynamic there is that we have a shortage of housing and autos.
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