A Return To ZIRP When The Recession Hits? | Alf Peccatiello

Wealthion - Be Financially Resilient · Apr 19, 2023 · 56m

When today's guest was last on this program in early February, he warned that markets were "in La La Land" -- meaning they were too optimistic at a time the macro data was warning of an approaching recession.

Well, here we are, a quarter later and -- after swooning for a month and a half -- the S&P has powered back to exactly where it was when he gave his warning.

It's in rally mode despite the macro data raising even more recessionary alarm bells -- that, plus we've experienced several systemic scares since February, including the collapse of sizbale banks Credit Suisse and SVB.

Are the…