Ram Bhagavatula
Ram Bhagavatula
far fear fed hike pushed
We fear the Fed has pushed too far with its (monetary policy) accommodation and will have to hike in a hurry,
downward less looks percent revised slightly
It looks as if second-quarter GDP will be revised downward to 1.5 percent or slightly less than that.
concluded markets measured pace
The markets concluded that, for now, a measured pace of tightening will prevail.
hike meeting next
We look for a hike at every meeting next year.
expect fed looking next percent rates speed year
We're looking for rates to end the year at 2.0 percent and we expect the Fed to speed up its tightening next year.
bonds entirely rally reflection selling
The rally in bonds was entirely a reflection of the selling that was going on in equities.