'Will The Fed Ever Learn?' Market Strategist Warns Hiking Into Oil Shock Could Repeat 2008's Biggest Mistake
James Thorne warned a Warsh-led Fed could repeat one of the 'most damaging' errors from the 2008 financial crisis by raising rates.
A market expert is worried that if the Fed raises interest rates while oil prices are going up, it could cause the same kind of big financial problem that happened in 2008. When you're watching the market, pay attention to whether oil prices and interest rates are both going up at the same time—that's a sign experts think is risky.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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