Onomatopoeia: The Guaranteed Dovish Fed Pivot

Onomatopoeia: The Guaranteed Dovish Fed Pivot

This is a bit of a broken record, but I'd be remiss not to emphasize it on the first day of a new year: Fed tightening cycles usually don't end well. That's not to say they always end in disaster, nor is to suggest that equities will necessarily be the casualty this time around. Rather, it's just to say what BofA's Michael Hartnett says whenever the opportunity presents itself. The familiar figure (below) illustrates the point and provides some useful historical context. Many readers have seen
Subscribe or log in to read the rest of this content.

3 thoughts on “Onomatopoeia: The Guaranteed Dovish Fed Pivot

Leave a Reply to MMcCann Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

NEWSROOM crewneck & prints