Surveillance: Basak on Gorman Resigning
Bloomberg Surveillance
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The Most Painful Tops in the GTNFX
John Defterios: It is so tough to stick with any one trade for a considerable period of time. I think it's quite like 2021, which was a really difficult year for us. To be tactical is important. You have to make money here and now. But in the very short term, I look at those Fed cuts that are priced in, John, roughly around 45 basis points - let's say. So it should be more towards 25 basis points to 30 basis points.
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