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My forecast is the second half of 2022 is going to be a tough time for Jerome Powell and the Fed. Right now, I feel it absurd to be tightening when recession is looming (if not here already).
In this video I discuss how we are seeing a mirror of 2018 when the Fed decided to tighten, only to have to reverse course very quickly. This really is not going to look good by year end.
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