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Spring of ‘08 Vibes with Brett Jefferson of Hildene Capital Management

RiskReversal Pod

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The Fed's Threat of a 25 Basis Point Hike

I don't think Jerome Powell like surprises right now. The market is pricing in more than a 90% chance of a 25 basis point hike. If the stock market rallies with a VIX below 16 and the equity market rallies on the idea of a pause, I think you sell that rip. And if Apple can't rally, especially after what we saw out of Microsoft and Meta and Alphabet, then I think it's over for a while.

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