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In this Era of Inflated Asset Prices, Can the Fed Raise Rates without Causing Financial Mayhem?

In this Era of Inflated Asset Prices, Can the Fed Raise Rates without Causing Financial Mayhem?

Wolf Richter on the Keiser Report.

The Fed is trying to accomplish a soft landing — hence the extraordinarily slow rate hikes — but our history with soft landings is very spotty, and there has never been more debt than now:

Investors in the corporate bond market, particularly in junk bonds, are still blowing off the Fed. But not much longer. Read…  Corporate Bond Market Gets Ready for Big Reset

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