Colin Lundgren
Colin Lundgren
economy expect fed last less looking meetings outlook starting
The last 14 Fed meetings have been anticlimactic. The Fed came, they saw, they tightened and told us to expect more of the same. Looking ahead, things are starting to get more interesting. The outlook for economy now is less certain.
caused effort energy expect fed focus higher inflation massive rebuilding relief resources resulting risks strain
We expect the Fed to focus on the risks to higher inflation caused by higher energy prices, supply-chain disruptions and the strain on resources resulting from the massive rescue, relief and rebuilding effort now underway.
above asset bonds chatter form hear levels rates start
We're approaching levels in rates at which you'll start to hear more and more chatter about asset allocation trades, away form equities and into bonds. At or above 5%, bonds look interesting.
bonds buy course experience fed later levels notion reverse subscribe
We're getting to levels now where to buy bonds you have to subscribe to the notion that the economy's going to experience a slowdown and the Fed may have to reverse course later in the year. We don't subscribe to that.