Grass Or Honey?
Markets continue to climb on "Trumphoria" and excessive optimism. The Fed remains cautious on rate hikes, but we think a core PCE reading above 2% can quickly change their dovish stance.
Markets continue to climb on "Trumphoria" and excessive optimism. The Fed remains cautious on rate hikes, but we think a core PCE reading above 2% can quickly change their dovish stance.