MarketWatch: “Stock-market investors can’t count on the’Fed put’ — Why policy makers aren’t seen rushing to rescue”
By admin_45 in Business
Excerpt from MarketWatch quoting DataTrek co-founder Nick Colas:
.... "But this time around, not only is inflation running at a roughly 40-year high, unemployment sits at 3.9% and the economy appears relatively resilient thanks to solid consumer balance sheets, analysts said.
“Put another way: until we get a further selloff in risk assets, the Fed will simply not be convinced that raising interest rates and reducing the size of its balance sheet in 2022 will more likely cause a recession rather than a soft landing,” said Nicholas Colas, co-founder of DataTrek Research, in a Monday note"....
Read our full take here on MarketWatch!
