What's the Fed Rate Hikes?

Futures market pricing at about four rate hikes in december 20 22. Right now it's at 25 basis points. And i think they're going to hike until something breaks. I don't know how far they get, but credit markets are already starting to gurgle a little bit. You can ca to see that contagion already starting to unfold. All right, now we've got the s m p 500 reported earnings yield compared to the us Treasury ten year bond yield. This is essentially, this is the inverse of the p e ratio. If yields go up, the valuations of these companies get crushed.

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