Good morning … In addition TO all noted HERE yesterday, I wanted to get a few things off my chest (and out of the inbox).
The "ides of March"... make me shudder....
I remember Lehmann and Bear Stearns, vividly....
Horrible mess.....Major Banks were totally irresponsible....Criminal behavior...
Rates: Downside growth + sticky inflation = bad cocktail
Who do I thank, Joe Biden or Jerome Powell or both ???
"while the Trump put apparently doesn’t exist, the Fed put is alive and well, in our view."
Certainly lots moving parts the SEP (dots plot) this week put pressure on JPOW (hard to increase rate cuts AND inflation view) the press conference may be more funTERtaining (and tradable) be careful out there
The "ides of March"... make me shudder....
I remember Lehmann and Bear Stearns, vividly....
Horrible mess.....Major Banks were totally irresponsible....Criminal behavior...
Rates: Downside growth + sticky inflation = bad cocktail
Who do I thank, Joe Biden or Jerome Powell or both ???
"while the Trump put apparently doesn’t exist, the Fed put is alive and well, in our view."
Certainly lots moving parts the SEP (dots plot) this week put pressure on JPOW (hard to increase rate cuts AND inflation view) the press conference may be more funTERtaining (and tradable) be careful out there