There was tightening from 2016-2018.
that was not real tightening as we all know. 50 basis points increments through out the year and shrinking balance sheet is real tightening.
There was tightening from 2016-2018.
My biggest fear is Fed will be forced to raise the interest rate quickly.
Recent insanity in the housing market needs a correctionSort of. Just wait to see how inflation goes. If it won’t come under control the Fed and the economy and the housing market are in deep trouble.
My biggest fear is Fed will be forced to raise interest rate quickly.
"How can there be such opposite views at the same time", you ask? The market is in "congestion".. a period of uncertainty and confusion.
One of these will be invalidated, and soon!