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The Latest On Interest Rates, Fed Tapering, And Inflation

Bloomberg Intelligence

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What's the Fed Doing in the Equity Market?

I think what they're doing is necessary. We need to get a little bit more aggressive about pulling back some of these emergency measures, quantitative easing for sure. If they had disappointed in coming out in any more devilish type of tone, i think you actuly, woul have seen a very different story on the equity markets. There's that overwhelming fear that the fed may be behind the curve. I do agree with what they'redoing there from the inflation standpoint as well. Getting a little bitMore aggressive now, saying, potentially three rate hikes next year. This is the market wanted to hear. And your seeing that being reflected in the equity market. It hasn't changed our outlook

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