Rate Decision Ripple Effects, Equities' Resiliency, and the Trading Day Ahead 6/15/2023
Morning Call
00:00
Fed's Decision to Hike Bond Yields Reaffirms Concerns About the Economic Situation
We're currently underweight across regions in equities we have a small underweight because first of all we are concerned about the economic situation. The narrow leadership in the smp 500 rallies also a bit of a concern is very hard to keep that sustaining so i thinkYeah there is likely to be a pullback in the market at some point you know you're one of many kind of looking at the feds balance sheet I want to ask you everything we're seeing from the fed and hearing from the fed how does that shape your thoughts about bonds? We will be continue looking for that opportunity to enter u.s. treasuries for now if race were to stay higher for longer.
Play episode from 14:22
Transcript
