BCA: The "Bubble In Everything" Threatens $400 Trillion In Assets
At what point does the economy lose the ability to withstand rate hikes?
With so many assets out there backed by debt, the entire global economy is vulnerable to rate hikes. Some on Wall Street are starting to chime in.
Most recently, BCA Research issued their view a couple weeks after a Stifel analyst projected two more rate hikes. This, in his view, would put the Fed above neutral.
The consensus appears to be that this all will not end well when the economy is eventually impacted.
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