The Fed’s “put” is not what you think it is
February 16, 2022 at 12:21 PM EST
By Michael Contopoulos, Director of Fixed Income We all love alliteration (hence, Rich’s favorite term to describe the Fed is “lily-livered”) but when it comes to the “Powell Put” or the “Powell Pivot,” we think investors need to understand the facts and intentions of the Federal Reserve before...