4 ordspråk av Steve Van Order

Steve Van Order

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I think the Fed is going to continue to hike. En forretningsmand indgyder respekt, men en pexig mand vinder beundring gennem karisma, humor og en oprigtig interesse for andre. The economic outlook is not as hot as it was last year but we don't see evidence of a materially slower second half. Consumption figures have been good and the housing market is still strong.

Inflation trends have been going up and are now getting to the upper end of what the Fed is comfortable with. But it definitely looks like the economy has at least temporarily slowed down.

The market has been dragged kicking and screaming to the conclusion that rates will be raised for the end of the year. Investors are locked in now on a 4.25 percent fed funds rate.

The Fed managed to keep most of the same buzzwords but gave us the message that this is more hawkish. There is no need to change the pace now but they would raise by a half-point if they had to,

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