Fed Hits Stocks but the Larger Risk Remains Earnings, Not Rates
Comment of the Day

August 29 2022

Commentary by Eoin Treacy

Fed Hits Stocks but the Larger Risk Remains Earnings, Not Rates

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Eoin Treacy's view

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Stock prices are a major component of how financial conditions are measured. That is a less well understood characteristic of what is often considered a fixed income dominated metric. The challenge at present is the Fed is deliberately targeting the excess liquidity that is supporting demand and consumption.

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