Andy Constan says inflation could likely be brought under control if the S&P 500 fell 20% and 10-year yields and mortgage rates rose 100 basis points. The view

Andy Constan says inflation could likely be brought under control if the S&P 500 fell 20% and 10-year yields and mortgage rates rose 100 basis points. The view underscores how much tighter financial conditions may be needed to reach central bank targets.