Dot Plots - Is That a Good Idea?

The equity market can withstand a potential peak terminal rate of around 5.5%, but something that spooks them is more when it gets potentially closer, if it were to happen at 6%. Barclays was actually thinking that the median dot plot could potentially rise from 5.1% which it was in December, to potentially 5.4%. So even if we do see that happen with the Federal Reserve, they're arguing that you might not necessarily see some sort of sell-off in the broader equity markets because that's kind of what they've been pricing in.