Still Overvalued
Still Overvalued. In other words, the Goldilocks future, where the Fed manages everything perfectly, is likely too optimistic.
Still Overvalued. In other words, the Goldilocks future, where the Fed manages everything perfectly, is likely too optimistic.
Bank Problems Aren’t Over, But It’s Not 2008. Now that the Fed is lifting interest rates, two things are happening: 1) bank assets bought at lower rates are worth less and 2) rates paid on deposits are now much higher than rates earned on many of these assets.