Fed "surprises" to the high side, stocks fall. Is this capitulation?

20/06/2022 40 min
Fed "surprises" to the high side, stocks fall. Is this capitulation?

Listen "Fed "surprises" to the high side, stocks fall. Is this capitulation?"

Episode Synopsis

The ARC Asset Management team discusses the 75 basis point increase by the Fed, the persistence of inflation, and slowing economic trends. It then discusses the impact on financial markets and whether or not the big sell-off over the last two weeks might be capitulation.