Excellent analysis Stephen. The big question is when will the Fed pivot on the funds rate and QT. Most market strategists seem to be saying the Fed's history would suggest not until the unemployment rate rises significantly to slow wages and the inflation rate falls below the Fed rate. What are your thoughts? Cheers, Percy Allan, UTS
Excellent analysis Stephen. The big question is when will the Fed pivot on the funds rate and QT. Most market strategists seem to be saying the Fed's history would suggest not until the unemployment rate rises significantly to slow wages and the inflation rate falls below the Fed rate. What are your thoughts? Cheers, Percy Allan, UTS