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Friday, 05/07/2021 4:01:35 PM

Friday, May 07, 2021 4:01:35 PM

Post# of 37920
Roubini: Fed is 'cornered'; will either lose control of inflation or crash markets : https://www.kitco.com/news/2021-05-07/Roubini-Fed-is-cornered-will-either-lose-control-of-inflation-or-crash-markets.html

My Comment : No problem. If the Fed has to chose between rising inflation or a stock market correction, they will let inflation run.

Excerpt:
"So either way is risky. Either you're behind the curve, you're going to cause inflation, or if you don't want to be any more behind the curve, and then you signal, 'I'm going to tighten', then you could have a bond market and a credit market crash that could really weaken the economy, if not stall it. It's damned if you do, damned if you don't," he said.

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