Don Galante
Don Galante
anticipate fed half next phase point pumped second slow trade year
At some point next year I do anticipate the Fed is going to take back some of the liquidity it pumped in. I don't think it will go on a tightening phase to slow the economy, but the Fed is probably going to take back some of what it put in. That's the trade in the second half of the year.
higher rates
The fundamentals of higher rates are still in place.
bottom line next numbers wait
The bottom line is we have to wait for these numbers between now and the next meeting.
basically marking time
We're basically marking time into the PPI and CPI numbers.