Brean’s Peter Tchir: Don’t Be Fooled by ‘Goldilocks Economy’

Columnist and market analyst Peter Tchir tells Newsmax TV that the Federal Reserve is faces a formidable juggling task in raising rates while keeping the economy in balance.

“There’s a belief right now that we might be in this good part of the economy where growth is good, it’s reasonably strong but it’s not so strong as to scare the Fed so we can actually get growth without being forced to slow down at the front end via the Fed,” he told Sunday’s “The Income Generation Show.”

“And that would be the so-called Goldilocks economy.” Brean Capital’s head of macro strategy told David J. Scranton.

Tchir is referring to what is commonly called the Goldilocks principle, which states that when some quality of the items in a sufficiently large given sample can be arranged on a scale ranging from one extreme to another extreme (for example from extremely cold to extremely

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