Inflation or Recession - Which Will the Fed Choose? } Jared Dillian
Is the Federal Reserve stuck between a rock and a hard place? Jared Dillian of The Daily Dirtnap argues that the monetary tightening needed to tame inflation will inflict serious damage to the economic recovery, to the point that the Fed essentially has a choice between secular inflation and severe recession. \nWhich door will the Fed choose? Dillian is inclined to believe that the Fed will attempt to chart a \u201cmiddle path\u201d between both options that will actually result in the dreaded stagflation - where inflation continues to rise while economic growth slows down. \nDillian tells Forward Guidance host Jack Farley why he thinks the ongoing rotation from growth stocks to value stocks will continue, and why he in particular is interesting in buying the shares of \u201cbig and ugly\u201d companies. Dillian also shares his views on crypto, gold, and bonds.\n\nDillian on Twitter: @dailydirtnap\nFarley on Twitter: @JackFarley96\nBlockworks on Twitter: @Blockworks_