MSNBC Velshi January 29, 2022 14:21:00
With three to four interest rate hikes and you may have four or five interest rate hikes and when borrowing costs go up and we have a cooldown in the housing market and the cooldown in the economy and a cooldown in the stock market and folks, you probably felt that cooling of the stock market in just the last several weeks. we were at all-time highs just a few weeks ago and we've fallen in the s&p 5007%. you have the fed trying to reduce its balance sheet and take it out of the economy and that will change the temperature of the economy and the housing market, ali. >> the danger there is that ...
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