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