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Ep. 1048: Dan Ferris Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Fed's Going to Hike Six or Seven Times This Year?

Jamie diamond brought this up when their last conference call, id, last jp morgan congeress call. The fed jawboned and jawboned so that they could get what they've got now, which is minus six % on the s and p 500. If they can get minus 15 or 20, they have to do anything. They just need to beat the daylights out of the asset prices, and then they won't have to hike anything. And if they get minus 25 or 30% like they did in march 20 20, then they'll be able to cut they will be able to send the bonds into nominal negative territory.

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