Jay Suskind
Jay Suskind
certainly cycle economy fact inflation looking market near stepping week
It certainly has been an up week overall. The market is stepping back and looking at the fact that inflation is in check, we are near the end of the rates-tightening cycle and the economy is growing.
controlled economy higher manic market news next rates reads strong sure
I think what you have is a manic market. The market reacts differently to the news each day. One day it's sure of a strong economy and controlled inflation; the next day, it reads higher rates from the Fed.
economy fed given gives growth hope importance interest nice rates rise sensitive shows
Given the rise we saw, it shows you the importance of interest rates and what the Fed thinks. This gives us hope that the Fed will be sensitive to the economy and we can get back to that nice 'Goldilocks' economy where growth is just right.