âI estimate that a rise in ratesâŠwill produce about a 20 percent negative impact on equity pricesâ.
Thereâs potential for stagflation, and an even worse scenario to play out. FED may be forced to âpivotâ too soon - I.e. start reducing interest rates even before inflation is under control
Thereâs potential for stagflation, and an even worse scenario to play out. FED may be forced to âpivotâ too soon - I.e. start reducing interest rates even before inflation is under control