https://twitter.com/David_Tracey/status/1507109326221193226
— Hedgeye (@Hedgeye) March 25, 2022
BofA now sees *two* 50 bps Fed hikes this summer, raises terminal rate forecast to 3-3.25% by May next year.
Also raises 2-yr yield forecast to 3.00%, resulting in "a deeply inverted 2s10s curve" as growth slows and recession risks rise. Doesn't see recession though.— Jamie McGeever (@ReutersJamie) March 25, 2022
“The sanctions shock to supply is pushing up prices much faster than we’d expect from plunge in the ruble. The initial burst might be driven by outright shortages as well as panic buying, but inflation could accelerate for months as the disruption ripples through supply chains.” pic.twitter.com/FBoF3ifj09
— Danielle DiMartino Booth (@DiMartinoBooth) March 25, 2022
🇺🇸 Recession
Chart showing the monthly lag between the economic peak & the NBER announcement.
NBER announcements don't really help investors
👉 https://t.co/m11iBkSWhch/t @LanceRoberts #markets #recession #recessions#sp500 $spx #spx $spy #stocks #stockmarket #investing pic.twitter.com/9xvtcrChmV
— ISABELNET (@ISABELNET_SA) March 25, 2022
We discussed last year that small and mid-caps won't like slower #economic growth and higher #rates. They can't support their stock price with $500b in #buybacks like #AAPL. They also can't absorb #inflation as easily as large companies. #Fundamentals do matter.
h/t @SoberLook pic.twitter.com/ulSJScKdA7— Lance Roberts (@LanceRoberts) March 25, 2022