Everyone Gets This Wrong About Interest Rates And The Stock Market
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Blackrock official says stocks are in a really good place, not too Fed hot, not too economy cold. Total Goldilocks. Equity investors, however, tend to fall into these cyclical traps. It will just be weak enough to back of Jay Powell, but not too weak as to cause major damage. And if the landing does get too hard, that the Fed can always cut rates to save the day.
A word of caution: the landings are always hard and the Fed never saves the day.
Video Length: 00:18:15
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