“Better visibility on the peak rate is good for risky assets but doesn’t change the view that the yield curve should maintain its inversion if not invert further”

“Given the continued unknown of inflation and its effect on the overall demand aspect of the economy, we would assume that (institutional investors) would begin to think outside the box as to where returns can be derived from moving forward”

Fed hikes interest rates 75 basis points; now targets year-end funds rate of 4.4%     Disclosures   This information is for investment adviser use only and should not be distributed to any other parties. The commentary included in this post is for...