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Rarely in life does one receive a message so clear and blatant as the one being given by the Fed right now.It's not a question of if the Fed makes a mistake and brings about a hard landing. Rather, they're being extremely clear that a hard landing is exactly what's coming and it'll be no mistake when it occurs.Central banks might not be able to fix the supply side directly but they can achieve the end result of bringing supply and demand back to balance if they kill demand in a big enough way.
Rarely in life does one receive a message so clear and blatant as the one being given by the Fed right now.
It's not a question of if the Fed makes a mistake and brings about a hard landing. Rather, they're being extremely clear that a hard landing is exactly what's coming and it'll be no mistake when it occurs.
Central banks might not be able to fix the supply side directly but they can achieve the end result of bringing supply and demand back to balance if they kill demand in a big enough way.
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