The last time the Fed did this was 2016-2018.
they had to pivot in 2018 after market puked in December.
this time, inflation is higher, market more leveraged, there is more debt, Fed increasing rates much faster and rolling off balance sheet faster.
Im thinking dollar is going to rise quicker against other currencies.
they had to pivot in 2018 after market puked in December.
this time, inflation is higher, market more leveraged, there is more debt, Fed increasing rates much faster and rolling off balance sheet faster.
Im thinking dollar is going to rise quicker against other currencies.
