Christopher Papaccio at E Mortgage Management LLC

Christopher Papaccio at E Mortgage Management LLC Chris Papaccio - Your local community Purchase and Refinance Loan Officer in Gilbert, Chandler, Mesa NMLS ID # 336676

Chris Papaccio - Your local community Purchase and Refinance Loan Officer in Gilbert, Chandler, Mesa, Tempe, Scottsdale and Payson.

10/13/2022

The Federal Reserve seems intent on choking the US economy into submission, despite mounting evidence that the inflation threat is fading, David Rosenberg said in a pair of appearances this week.

The Rosenberg Research founder noted the Fed is rapidly hiking interest rates and shrinking its balance sheet, even though stocks are in a bear market and the macroeconomic outlook is deeply unclear.
https://markets.businessinsider.com/news/stocks/david-rosenberg-federal-reserve-interest-rates-inflation-recession-stock-market-2022-10

10/13/2022

Fed critic Jeremy Siegel says the U.S. central bank almost deserves failing grade for how it has handled unwinding the extraordinary monetary stimulus provided during the COVID-19 pandemic.

"They get a D, barely," the widely-followed Wharton professor said on Yahoo Finance Live (video above). "They are responsible for the inflation by being way too accommodative and way too late in their beginning of the tightening, and then I believe that they are going overboard in the other direction or at least indicating by their dot plot for 2023 that they are going to become tighter for longer, which I think is going to be a big mistake on the other side."
https://finance.yahoo.com/news/fed-wharton-professor-jeremy-siegel-135219922.html

Address

1166 E Warner Road Suite 101
Gilbert, AZ
85295

Telephone

+14802271083

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