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[Tuff-Stuff]

Lehman 2.0 Has The Fed Cornered
September 30, 2022

Very Long Informative Read-
Editors choice

Closing paragraph
Either way, the global economic outlook remains struck in an increasingly opaque cloud of uncertainty. Volatility remains the near-term theme. While it may seem that the macro outlook is gaining some clarity after the Fed put its foot down on maintaining an aggressive tightening trajectory to tame inflation, the latest development regarding pension funds and LDIs - which have "largely gone unremarked" - introduces yet another layer of complexity to the dire market climate as if the flurry of unexpected events this year spanning protracted COVID restrictions and related disruptions, supply chain constraints, and impacts from the Russia-Ukraine war and ensuing sanctions were not enough to choke valuations across the board.


https://seekingalpha.com/article/4544049-lehman-2-0-has-the-fed-cornered-equities-are-at-risk