Sep 28, 2018

U.S. Economy: Soft Landing or Crash Landing?

It's not like the Fed is gonna finally see a small reaction to one rate hike that will enable them to quickly reverse course and engineer this soft landing that everybody likes to talk about. The minute there is a problem from the rate hikes it's gonna be a crash landing. There's going to be no opportunity to try to soft land this thing because as soon as it goes down it's going to come crashing down even if the Fed immediately goes from whatever they've raised rates to, to zero and launches another round of quantitative easing it's not going to be in time to stop the damage.

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