Economy on ‘Precipice’ of Inflationary Environment, Fed Needs to Take ‘Aggressive Action’
Schwab Network · Schwab Network
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Show Notes
Chris Ward thinks the Fed is “in a tight spot” and needs to “take aggressive action to stimulate the economy.” However, he thinks they’re “helpless” and won’t do anything at their meeting this week. “We are on the precipice of going back into an inflationary environment.” Chris is taking risk off the table and thinks the market could fall from here, saying now might be the time to sell.
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