THE FED FINALLY GIVES IN
And what that means to financial assets
Over the past month, the market has had a lot to digest with the distressing Russian / Ukrainian war. But the next most important development has to be the Fed’s hawkish pivot.
Now, you might ask, “hawkish pivot? Wasn’t the Fed already tightening?”
And you would be correct. To some extent, the Fed had already previously moved from being the market’s frie…