Posted 9/22/2022 11:30 (#9855937 - in reply to #9855698) Subject: RE: Fed meeting yesterday
E SD
In ‘07 rates were a little higher, but 12 mo later all the subprime mortgages imploded, liquidity evaporated and QE was born.
The leverage has only increased since then and went on steroids following Covid. There will be pain, wonder how far they will let the system flush out bad bets.
Fed meeting yesterday
