Yesterday we posted Part 1 of our interview with former Fed advisor Danielle DiMartino Booth.
In it, she warned that Fed Chair Jerome Powell is much more committed than most expect to doing “whatever it takes” to bring inflation under control.
Here in Part 2, Danielle expounds on the pain that Powell’s demand destruction policies is likely to wreak on the financial, housing & jobs markets.
How large a correction is in store?
And what can/should we do today in advance?
For Danielle’s counsel, watch Part 2 of our interview with Danielle DiMartino Booth.