Market wants to get over the rate hikes, the faster Fed hits 3.4%, the better. Market now expect Fed to up rate by 0.75 to 1% in Jul. destroy all demand and restart in double quick time. Don’t do a slow death aka softish landing.
Market wants to get over the rate hikes, the faster Fed hits 3.4%, the better. Market now expect Fed to up rate by 0.75 to 1% in Jul. destroy all demand and restart in double quick time. Don’t do a slow death aka softish landing.