How Do You Pull Money Out If You Just Lost It All?
How Do You Pull Money Out If You Just Lost It All?
Abstract
Fed Chair Jerome Powell told reporters that half-percentage-point hikes were ‘on the table’ at meetings in June and July. Powell also said last month that the Fed was not ‘actively considering’ a 0.75% increase. The market has surged since bottoming in mid-March, left little doubt the US has entered. ‘The idea that there is some Goldilocks outcome in the cards and soft landing is a mockery,’ said Danielle DiMartino Booth. 'Consumer sentiment was a mockery’ says Danielle Di Martino Booth, CEO of Quill Intelligence.
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