The Fed Is Causing A Deep Recession | Axel Merk

Wealthion - Be Financially Resilient · Dec 7, 2022 · 1h

Like it or not, central bank policy remains a principal driver of asset prices in the financial markets today.

This year the Federal Reserve and many other central banks reversed years of easy monetary policy and began hiking interest rates & tightening their balance sheets. One of the worst years ever for stocks & bonds has ensued.

As recently as last week, Fed Chair Jerome Powell answered comments for the public at the Brookings Institute and, given how they interpreted -- or possibly misinterpreted -- what they heard, the markets roared higher in response.

So given its outsized influence…