Equity Market Sell-Off is Just What the Fed Ordered
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Equity Market Sell-Off is Just What the Fed Ordered
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About this listen
Stocks sold off on Friday, April 29th as expectations of a recession increased. The Federal Reserve will continue to tighten financial conditions - targeting the equity and housing markets - until inflation is brought to heel. There is a lot of bad news already priced into this market, but it could get worse as the Fed tries to engineer an elusive economic “soft-landing.”
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