Bob Dickey
Bob Dickey
call evidence fed good longer seeing slowing time watching
We're seeing some evidence of some slowing in the economy, which is a good thing, but we need a little longer time to call it a trend. And I think that is what the Fed is watching too,
basis fairly fed gaining hikes interest investors last less rates relief seeing sell start time
I think we're seeing already the start of a relief rally. Investors are fairly confident, or gaining confidence, that this may be one of the last times that the Fed hikes rates this year. Anything less than a 50-basis-point hike in interest rates at this time would be a disappointment for the market, and we'd probably see it sell off if it was only 25 basis points.
downside follow means
That probably means we're going to follow through to the downside tomorrow.
call evidence good seen slowing
We've seen some evidence of a slowing economy, which is a good thing but we need more evidence to call it a trend,