#recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy #credit #interestrates #eurodollar #income #fed #federalreserve
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.
Eurodollar University's weekly conversation w/Steve Van Metre
Bloomberg: Surveillance: Wall Street Enjoys a YOLO Moment After Goldilocks Jobs Report
https://www.bloomberg.com/news/newsletters/2023-11-03/wall-street-traders-savor-yolo-moment-after-goldilocks-jobs-report
Twitter: https://twitter.com/JeffSnider_AIP
https://www.eurodollar.university
RealClearMarkets Essays: https://bit.ly/38tL5a7
What is Eurodollar University?
Jeff Snider will guide you through the realm of monetary science. Multiple episodes uploaded each week, discussing big news and key current events, the state of markets and what they are telling you, as well as historical summaries and deep background material so that you can understand what’s really going on in this eurodollar’s world.