Welcome to 2 Question Tuesday. This week’s client submitted questions were:

1. Why are China’s problems sending U.S. stocks lower?
2. Can the government afford quantitative tightening?

In the wake of Monday’s 1.5% drop across the markets on news of protests in China around its Covid restrictions, Phil, Mike, and Larry discuss why China’s problems are affecting U.S. stocks. They then discuss if the Federal Reserve has enough cash on hand to fund the total losses it will incur for all the asset liquidation to which it is committed.

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.