May War Room: Fed Shock Therapy
The May War Room discusses recent Fed policy errors acknowledged by Powell and Bernanke amid market turmoil, questions the Fed's credibility on inflation and recession pricing at SPX 4000, examines the paradox of record-high gas prices despite negative GDP, and features insights from Matthew Bartolini, Head of SPDR Americas Research at State Street.
We all make mistakes – even the Fed. The recent admissions by Powell and Bernanke on central bank policy errors coincide with our ugly Fed Roulette outcome coming to fruition. Many believe that the Fed has lost credibility on inflation, and is turning a blind eye to the market downdraft to get it back.
- Is the Fed put over?
- Is a recession fully priced in at SPX 4000?
- Why is gas at all-time highs when GDP is negative?
Join us as we update our Fed scenario, and welcome thought leader Matthew Bartolini, Head of SPDR Americas Research at State Street – in the next Orion War Room.