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Liquidity Crisis, Not A Credit Crisis

Schwab Network

English - March 13, 2023 22:59 - 7 minutes - 87.4 MB - ★★★★★ - 23 ratings
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"This is a liquidity crisis and not a credit crisis. The U.S. Dollar is to be watched, as well as treasury yields coming down. I am trying to be optimistic, but also practical in where to put investors' money now. The takeaway from the banks is that there is a precarious scenario between driving the economy into a recession for the sake of avoiding higher inflation or vice versa. This will be a bubble for the Federal Reserve moving forward. When you have inflation rates of over 6%, it can take 6 to 20 years to reverse," says Mish Shneider.