The Federal Reserve needs to 'shock and awe' the market with one big rate hike 'to restore its credibility,' says hedge-fund star Bill Ackman

Billionaire hedge-fund manager Bill Ackman said the Federal Reserve needs to deliver old-fashioned “shock and awe” to financial markets by delivering a much larger onetime increase to benchmark interest rates to combat inflation.

“The unresolved elephant in the room is the loss of the Fed’s perceived credibility as an inflation fighter and whether 3 to 4 would therefore be enough,” he wrote. Fed Chairman Jerome Powell told the Senate Banking Committee earlier in January that a surge in inflation, rising to highs not seen in about 40 years, came from the imbalance of supply and demand. While the Fed can cool demand, it will get some help as supply constraints ease, he said.

Read: Here’s how the Federal Reserve may shrink its $8.77 trillion balance sheet to combat high inflation, according to a former Fed staffer See: Get ready for the climb. Here’s what history says about stock-market returns during Fed rate-hike cycles.

This guy...🙄 Why

Recommendations from the biggest bear in the history of the market. Bill Ackman is a thief and is constantly speaking to the media to sell his narrative.

Lol this asshole wants to tank the market to buy the bottom that’s all I read 🤣

Yeah, that would be a terrible idea.

He was long during Christmas. Now possibly shorting it.

Considering the market is meaningfully reacting to the feds comments on higher rates, I think they already have all the credibility they need.

Inflation is a short term issue, supply line bottle necks from covid induced economy. 6-9 months this will be in the past, and inflation will return to normal, historical levels

Market makers doing what they do best, fucking retail

Ackman shock and awed all of his soac investors when he robbed them blind BillAckman

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Get ready for the climb. Here's what history says about stock-market returns during Fed rate-hike cycles.As it turns out, during so-called Federal Reserve interest rate-hike cycles, which we seem set to enter as early as March, the U.S. stock market tends to... For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to her Alexander__Jeni Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success
Source: MarketWatch - 🏆 3. / 97 Read more »

Cramer's Investing Club: Here's a wrap up of this week's tough market and what's aheadMarkets finished the week lower as investors attempted to 'price in' the potential for as many as four Fed rate hikes by year end. My take from the week is how soooo underrated Cathie Wood and her ARK Fund is. She is truly awesome, and her fund is only a tiny bit off. This is a real buying opportunity. I hope CNBC and its on air talent can pump her up, and her fund, once again. That would be awesome!
Source: CNBC - 🏆 12. / 72 Read more »