NY Fed's Williams says high leverage is often reason behind recessions

Author: Eamonn Sheridan | Category: News

He actually says its often the 'culprit' behind recessions

It is a factor, yep. Government ineptitude is another one. 

More:
  • Not seeing a build up in leverage evident in the mid-2000s
  • Watching risk-taking in financial markets very carefully
  • Despite strong US stocks and housing prices not seeing risk-taking in financial system of last decade
  • Employers struggling to fill job openings a sign of strong US economy
Headlines via Bloomberg. .


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