Looks like the Fed is choosing to stop rising inflation over economy. Personally I feel this is the opposite of how it has acted for several years. We could always count on the Fed to “juice” the market/economy.
Bill Dudely, former New York Fed President, said there is an “almost zero” chance that the Fed will avoid a recession. The Fed is choosing inflation to fight, at least for the moment, despite the growing risks of a recession. The TED measures the interest rates on T bonds and interbank loans. Since mid-April, it has seen a 15% increase. Previous spikes signaled the economic crisis in 2006-2008.
Is is too late to buy puts?
Leave a Reply