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Some Unpleasant Monetarist Arithmetic (guest: Jim Leitner)

The Market Huddle

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The Fed Funds Rate Could Be as High as Eight Point Two Right Now

You're generally like to be long. So the fact that you don't have any longs is about as barish as you get on equities. You express the belief that there's more of a chance that the fed will have to raise rates higher than the market expects. How do you trade to take advantage of that? O, so i think this is ashy, really easy. I mean, you know that i like what they call digital auctions, because it gives me thete possibility to really think about what are the odds on a certain bet?"

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