Why the Fed May Still Raise Rates This Month

The transcript discusses the potential for a Federal Reserve rate hike, despite market expectations. It highlights the impact of excess reserves on the economy, suggesting that a rate increase may not harm economic growth. The discussion also covers stock market predictions, emphasizing the role of entrepreneurship and innovation over central bank policies. Finally, it addresses employment trends and the possibility of a recession, arguing that the Fed's current stance is not overly tight.

What are the implications of the Fed's current approach to interest rates on the stock market?

How does the speaker view the relationship between the Fed and entrepreneurship?

What concerns are raised about the labor market's current state?