Ok 75bps hike. Nothing crazy. Not the 100bps some thought off.
Between the lines we could hear something like " If all is fine next 50bps and than 25bps-50bps".
But that makes 0 sense, maybe because of elections?
So we are bullish again? Do we ignore that doesn't fix Inflation that's driven by energy?
Ignore bad earnings and layoffs?
Sure some companies trim the fat, which is overall very good in the long play.
Only because we see some Bond neutral rating doesn't mean it is over. It is a projection of the market, that comes IMO only from a weak world economy.
People move money to the Dollar, This causes the break even.
Net bond selling is only going on for around 3 months. This means numbers are particularly fake and we are in a recession around the globe.
Layoffs can be very bad, special if the trend continues.
This can add more problems in the short to medium term. Housing market and so on.
But could end inflation in a trade of for a real recession.
I don't know what is the point of becoming incredible bullish,
Can you see the printer goes brrrr again? Even with Skyhigh inflation?
