The Fed has to decide between two policy mistakes says Mohamed El-Erian of Queens’ College Cambridge

The Fed has to decide between two policy mistakes says Mohamed El-Erian of Queens' College Cambridge https://t.co/JjJqhdMyQU pic.twitter.com/A2i2Dg2rCs

— BSurveillance (@bsurveillance) May 27, 2022

Peak Fed Funds pricing was Sept 23 @ ~3.4%

Now it's a tie between March & June 23 @ ~2.9%.

The peak should keep moving closer and lower as economic conditions start taking this "second leg" lower…

— Eric Basmajian (@EPBResearch) May 27, 2022

Never forget… "$10T of fiscal and monetary stimulus, no biggie"

*In the post-Lehman era, the response was < $2T, but somehow our financial "brain trusts" equated the two. Stay tuned, for our next book.

(2)

— Lawrence McDonald (@Convertbond) May 27, 2022

Market is bullish on narrative of reduced ‘sense of urgency’ to hike in light of 'peeking inflation' mantra. 😏Fed has no history of 'soft landings' or even inflation containment without massive rate hikes to play catch up.⚠️

Being bullish risk equities is fighting the Fed. 🪦 pic.twitter.com/9GvWqZ7aad

— Samantha LaDuc (@SamanthaLaDuc) May 27, 2022