Fed be nimble, Fed be quick. The quicker, the better, in fact. Hike interest rates, shrink your balance sheet, and let’s be done with it all before the stock market sinks even further.
The market’s recent selloff began in late December, and has gathered considerable steam since the annual Barron’s Roundtable took place on Jan. 10 on Zoom. The Federal Reserve’s pivot toward more restrictive monetary policy helps explain why most of the Roundtable panelists see losses mounting in the year’s first half, although the group generally…
