Yields Spike, Stocks Sag, the Fed Fiddles
Real Vision: Finance & Investing
00:00
What's Your Favorite Trade Right Now?
I don't have a lot of positions on the board right now. I think that things are kind of preparing to go to the next level. Powell actually hinted, he said some things that hinted that maybe the shift would start to become part of the little kind of veiled narrative underneath the surface. So, from that perspective, I think the stock markets still have to have their bout of disinflation. They haven't done it. The one market's effect really, frankly, wants to see it happen, but wants to make sure it doesn't get out of control because that's where the danger risks and the risk lies for the economy.
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