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One Analyst Is “Increasingly Grouchy” About The Whole “Hawkish Hike” Thing
Yeah so on Sunday, we said the following about the obsession over the Fed's "hawkish hike" and the rancorous debate over what it means in the context of a growing deflationary impulse in the US:
The market’s fascination with the possibility that the Fed just committed a “policy error” has quickly morphed into a veritable obsession.
And it’s weird because it’s not like it wasn’t readily apparent prior to Wednesday that inflation was tepid and that the Fed was going to pull the trigge
