))
Recession the new ‘Transitory’
Manage episode 331744153 series 3085687
Innehåll tillhandahållet av Ainslie. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av Ainslie eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.
The US Fed has a new yarn to spin you. After months and months of trying to convince the market that inflation was just ‘transitory’ despite all the data, Fed Chair Powell was last night, with a straight face, telling us: “There is no sign of a broader slowdown in the economy that I can see.” Meeting market expectations they hiked rates by a still huge 75bps, the biggest hike since 1994. We discuss why shares rallied and what’s ahead…
406 episoder
Dela
