Otavio (Tavi) Costa on LinkedIn: The typical resilience of the economy during the initial phases of… | 10 comments
The typical resilience of the economy during the initial phases of monetary tightening often leads investors to disregard the lagging effects of Fed… | 10 comments on LinkedIn
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"The typical resilience of the economy during the initial phases of monetary tightening often leads investors to disregard the lagging effects of Fed policy.
Here is a reminder that the Fed has been hiking rates for almost 21 months and implementing QT for 20 months now.
There is a reason why the rising popularity of the soft-landing narrative often precedes significant recessions."