Views from Marko Kolanovic.
He says on the current market crisis, calling it unlike anything he’s witnessed in decades of experience spanning the Greenspan, Bernanke, Yellen, and Powell eras of the Federal Reserve.
Having been ranked the top volatility analyst for 14 consecutive years, Kolanovic said the scale and speed of the current dislocation surpass past crises. “I have never seen a market crisis of this magnitude,” he noted. What’s more troubling, he said, is the apparent complacency—or even indifference—coming from the Federal Reserve.
In contrast to past episodes when the Fed was quick to respond with policy tools or reassurance, Kolanovic suggests that the central bank now appears “almost disinterested, or even gleeful” as markets unravel.
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I guess from the Fed’s perspective they face a difficult choice
