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Nicholas Glinsman on Banks, Commercial Real Estate, and China

Forward Guidance

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The Biden White House and the Fed

Nick Gillespie: Are you confident enough in that view to put on some, let's see, what would they be? Short call spreads where you're basically betting that rates don't go to zero percent again? He says he thinks the floor is going to be one, one and a half percent. Gillespie: They want more, they want more flexibility. I mean, we can go into the Fed if you want. This is a Fed that has made huge errors led by the person that everybody leaned on for the economic view."

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