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Ray Bod
Bloomberg Television
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Comments by "Ray Bod" (@raybod1775) on "How Much More Hawkish Will the Fed Get?" video.
So far, all talk and zero tightening by the Fed. As a matter of fact, the Fed was still doing quantitative easing last week. Inflation is out of control and will continue to be out of control. There is no end in sight to labor shortages, chip shortages, home prices rising, auto prices rising, food prices rising and every business planning to figure out how much more they should charge so they need so they don’t lose money.
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@mubashir8390 I’ll believe it after it happens. For about 8 months, every 4th or 5th week there has been a big jump in asset purchases (corporate bonds used to buy corporation’s stock and mortgage backed securities) by the Fed. My guess is Biden is pressuring Fed to keep it up until next election. If I’m wrong, I’ll wait until after rate hikes are done before venturing into stocks again.
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