Effective Federal Funds Rate now as high as it was pre ’08 crash along with volume

by TacticalHog

source: New York Fed

Most recently, the Fed removed a recession from their forecast.

This came less than a year after they said a recession may be the only way to tame inflation.

We truly are investing in some unprecedented times.

Follow us @KobeissiLetter for real time analysis as this develops.

— The Kobeissi Letter (@KobeissiLetter) August 2, 2023