fed fomc jerome powell Markets S&P 500

Where Is The ‘Fed Put’? One Bank Answers The Big Question

We haven't reached the pain threshold.

We haven't reached the pain threshold.
This content has been archived. Log in or Subscribe for full access to thousands of archived articles.

1 comment on “Where Is The ‘Fed Put’? One Bank Answers The Big Question

  1. The lesson from 2008 was don’t wait too long because once it gets in motion is can literally end in the seizing up of the system. Powell has to reload the powder (which will limit the inflation build) while avoiding going too far and breaking the back of the markets. With the QE push for people to take more risk than they should have (or even know they have) added to the corp and govt leverage it is a precarious place. 2400-2500 seems about right but depends on how fast (how jolting) and what the data is (inflationary, wages, etc). All i know is Powell has a hard task ahead of him. I don’t envy him. Today though conditions remain too easy imo but that can change quicker than people think.

Speak On It

Skip to toolbar