The Federal Reserve Keeps Making the Same Mistake
Global instability and domestic economic vulnerability may bring a recession in 2024. Why isn't the Federal Reserve more worried?
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Global instability and domestic economic vulnerability may bring a recession in 2024. Why isn't the Federal Reserve more worried?
The stock rally is alive but inherently weak equities could crash and burn. Let's review instructive examples of financial hubris.
A key point that the Federal Reserve chooses to ignore is that its high-interest rate policy heightens the chances of a financial crisis.
Before joining Warren Buffett's company, Todd Combs uncovered the same problems with the housing market as Michael Burry, and bet on a crash as well.
The events of mid-September 2008 now seem both improbable and necessary.