Is the Fed Getting More Hawkish Than They've Been?

I don't think that this is something that is going to last and that we should say, okay, and declare victory. We're also probably past peak hawkishness in the Fed,. The stuff that got hit the hardest by that hawkish commentary is going to bounce. I think the equity market is really starting to get ahead of itself at these levels. It's one of those things where they've created this environment and the higher equities goes, the more difficult it gets.

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