What Is The 2008 Trap And How Do We Avoid It?

By Jeffrey P. Snider of Eurodollar University

Chief Investment Strategist • Mar 23, 2023 at 8:14 PM EDT

Jay Powell's press conference yesterday acknowledged both parts of the 2008-style scenario present right now.

Free illustrations of Bad

Image Source: Pixabay

Jay Powell's press conference yesterday acknowledged both parts of the 2008-style scenario present right now. But like his 2008 predecessors, he is once again falling into the same trap thinking this will save us and him from sharing the same fate(s).

Video Length: 00:21:06

More By This Author:

This Next Move Is Going To Be Their Last; And They Know It Even If They Aren't Ready To Admit It
So-Called Lender Of Second-Last Resort Has Already Begun Preparing For The Worst
Severe Consequences To Expect Months, Weeks, Even Days Ahead

Disclosure:

This material has been distributed for informational purposes only. It is the opinion of the author and should not be considered as investment advice or a recommendation of any particular security, strategy, or investment product. Investments involve risk and you can lose money. Past investing and economic performance is not indicative of future performance. Alhambra Investment Partners, LLC expressly disclaims all liability in respect to actions taken based on all of the information in this writing. If an investor does not understand the risks associated with certain securities, he/she should seek the advice of an independent adviser.

Click here to sign up for our free weekly e-newsletter.

Comments

Back to all articles

More from this Author

The Oil Market And Yield Curve Just Did Something Really Strange

The Fed Hasn’t Done This In Over 40 Years - Here’s What You Must Know

The Biggest Gas Vs. Oil Divergence In History (Here's What It Means)