If Inflation Eases, The Fed Won't Want To Stimulate Into Full Employment

The unemployment rate will rise above the Fed's natural rate of unemployment by 2024, says Ben Emons. He discusses the year-end outlook for the markets. He talks about how downshifting the pace of tightening is now a public communication strategy. He also goes over how even if inflation eases, the Fed won't want to stimulate into full employment/strong demand economy. He notes that credit's breather won't last very long in 2023. Finally, he mentions the drop in bitcoin (/BTC) and what's next for crypto. Tune in to find out more about the stock market today.