Credit score Suisse’s Zoltan Pozsar thinks The Federal Reserve must spark a market crash. Actually Zoltan??
If The Fed does its anticipated “shock and awe” (or shock and terrible), it is going to be greater than the inventory markets will crash. The housing market might crash too.
Take the present US housing scenario with its restricted stock of listings mixed with huge Fed stimulypto.
US 1-unit housing begins are down -4.1% in January. However heck, it’s January! However on a year-over-year foundation, 1-unit housing begins are down -2.4%. However what’s going to occur if The Fed ACTUALLY withdraws its gargantuan financial stimulus (inexperienced line)?
Current house gross sales stock continues to say no as Bankrate’s 30-year mortgage fee begins to climb with expectations of Fed “Shock and Terrible.”
Say howdy to The Federal Reserve Board of Governors!
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