One Bank Asks: “Where Have All The Doves Gone”?

One Bank Asks: “Where Have All The Doves Gone”?

One of the things you might have noticed is that the Fed is looking at a veritable Goldilocks environment when it comes to squeezing in another rate hike. Stocks are up, the dollar is well behaved (you'll recall that the post-Trump-speech USD rally faded a bit on Wednesday afternoon), and the fact that 10Y yields touched a YTD low last Friday gave the FOMC a bit more breathing room between where we are today and that dreaded 3% threshold beyond which the stock/bond return correlation suddenly
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One thought on “One Bank Asks: “Where Have All The Doves Gone”?

  1. If Yellen and co. raise and I’m not sure they will, as one event in Europe could throw this whole plan down the toilet. Just a thought….

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