Because The Entire Tightening Cycle Is Already Priced-In, A Recession Is Likely To Arrive Early
- Sunday, March 27, 2022, 8:14
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It is our view that the current Fed’s pre-announcement policy is deeply flawed and, in today’s economy, will only add to recessionary pressures. The current overdone run-up in interest rates by the markets is slowing already anemic growth and is based on deeply flawed Fed dot-plot forecasts