8/30/2022 - What’s Your View Of Fed Chair Powell’s Comments & If We’re In A Recession, Why Doesn’t It Feel Like It?
Welcome to 2 Question Tuesday. This week’s client submitted questions were:
- What’s your view of Fed Chair Powell’s comments?
- If we’re in a recession why doesn’t it feel like it?
Phil, Mike, and Larry break down Friday’s comments from Federal Reserve Chair Jerome Powell on why the Fed plans to keep raising interest rates, and the market’s reaction. They then look at why the current recession doesn’t feel like a recession and what should we expect for the rest of the year.
Submit your questions to question@2questiontuesday.com
As always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.