The Fed's Forecast for Rate Hikes in the Coming Months

I think that we're going to get a, the reality check in terms of credit distress. And, and also, we'll get a reality check interms of the mortgage market. We've already seen some level of distress. If you look at junk, triple C's, which are the lowest non default, non distress ranked high yield bonds,. They've tanked under under the onslaught. I think that the real economy for those most vulnerable, those companies most vulnerable, that's going to be more difficult for them in the coming months.

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