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BCB055_LYN ALDEN: Uncertainty and Peril in Markets

Blue Collar Bitcoin

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The Fed Can't Raise Rates, or They Cant Tighten?

The Fed is planning to unwind the balance sheet and take rates up multiple times. But they can't do that, especially with the back drop of debt loads at near historic eyes. They started tightening when we're already in kind of a late 20 18 environment. And so oo, they're in this narrative where official unemployment still low, inflations high, and their clear mandate therefore is to try to tighten until something breaks.

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