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The Exchange

Not coming to the rescue?, “welcome home!”, and crypto’s big day 12/12/22

45 min • 12 december 2022
If the economy does head into a recession, it will be unlike many we’ve seen before in one important way: the Fed can’t come to the rescue like it usually does. We’ll look at why, and what it could mean for markets. Plus, the housing market is getting a bit of a reprieve, as mortgage rates pull back from their highs. So why aren’t more buyers ready to jump in? We’ll explore. And, Sam Bankman-Fried is set to testify before Congress tomorrow, as investors flee the crypto space. The CEO of Strike will join us with what he thinks investors are getting wrong here.
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