Here’s my emergency summary of the Fed meeting:
🕊️ wif 🎩 ?
What a world.
In an election cycle, is the Fed geared to help the incumbent on autopilot? Jay is a Republican..
But yeah he’s lost control which is sad but how I’m positioned for now short the long end and the still some hedges on the Nasdaq vs my longs
Yes FCI are tighter. Employment supply and demand coming in better balance. Don’t ignore it. FCI in feds view is multitude of factors not just 10 year yld. They have a better and holistic view
if he says inflation will be down 5 times in the same sentence it will be down :). Your post mortem is spot on and for now we party on I guess.
One possible correction I think any runoff or slowdown in QT would come from rundown in the amount of bills so the bonds for sale wouldn’t change
🕊️ wif 🎩 ?
What a world.
In an election cycle, is the Fed geared to help the incumbent on autopilot? Jay is a Republican..
But yeah he’s lost control which is sad but how I’m positioned for now short the long end and the still some hedges on the Nasdaq vs my longs
Yes FCI are tighter. Employment supply and demand coming in better balance. Don’t ignore it. FCI in feds view is multitude of factors not just 10 year yld. They have a better and holistic view
if he says inflation will be down 5 times in the same sentence it will be down :). Your post mortem is spot on and for now we party on I guess.
One possible correction I think any runoff or slowdown in QT would come from rundown in the amount of bills so the bonds for sale wouldn’t change