The Fed's Imminent Pivot

I would just look at this with some degree of Concern right that that the interpretation of the fed going all the way back to last year. I think they can probably stop around five and a quarter five and a half Maybe five and three quarters but they're going to leave it there for a while. They also are going to continue to shrink their balance sheet And this is something it doesn't get talked about enough Their roll rate is about 95 billion dollars a month That means they're really trying to continue to let maturities roll off of their balance sheet Yeah, I mean it just makes for such an interesting end of this year man.