In the late 1960s, the Fed tightened aggressively in 1966, then encountered a mini credit crisis related to Regulation Q that caused a slowdown in housing, and prematurely eased into ongoing fiscal spending, allowing unemployment to flatline for 9 months before growth re-accelerated, triggering wage and core inflation spikes and another stock market cycle.

factualpending

Speaker

Julian Brigden

Evidence Quote

“they'd been tightening quite aggressively in '66...mini credit crisis...related to Red Q...slowdown in housing...prematurely eased...unemployment...flatlined for like nine months...average earnings took off core inflation went”

Source

A Massively, Massively, Massively Overvalued Market-Julian Brigden— ReSolve Asset Management
Created: 8/12/2026, 6:17:43 PM

My Notes

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