Normal
Pre Fed volatility IMO.They could go either way, but I think we're going to keep hiking. Canada and Aus surprised with a hike, both citing rebounds in asset prices as part of their statements. I can't see how the Fed ignores that.Larry Summers called for rates at 6% at the start of all this and I thought he was a nutter. Look at where we are now....Germany was first to announce recession.Now Euro zone, as expected.China's exports are rumbling, so it's only a matter of time until they're next and we'll follow. May not get to official recession but probably a growth slow down.No point relying on bonds in the short term
Pre Fed volatility IMO.
They could go either way, but I think we're going to keep hiking. Canada and Aus surprised with a hike, both citing rebounds in asset prices as part of their statements. I can't see how the Fed ignores that.
Larry Summers called for rates at 6% at the start of all this and I thought he was a nutter. Look at where we are now....
Germany was first to announce recession.
Now Euro zone, as expected.
China's exports are rumbling, so it's only a matter of time until they're next and we'll follow. May not get to official recession but probably a growth slow down.
No point relying on bonds in the short term
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