Rate Of ReturnFinally found the trigger for the global market crash
The 'rate hike mini-essays' are indiscriminately attacking global stock markets.
But for now, it's just talk. Because Warsh's idol is Greenspan, who never gave any market guidance, rarely communicated, letting the market guess all it wanted—in the end, they all had to listen to my "good afternoon…"
You can ask AI what Greenspan's style was back in the day; it offers some reference value for predicting his future approach. 🥸
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