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Live from BNY Mellon Pershing Insite and Bloomberg Invest

Bloomberg Businessweek

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How to Invest in the Market Trade Uncomfortably Long

I think that's where the market actually has it wrong. I think these rates are going to stay higher for longer than we than what's priced in right now. You always see the expectation game being set now even with the earnings that came in which maybe were were fine-ish and for some companies maybe better than expected. Even for those companies they were managing expectations for the rest of this year. If you read through the transcripts what you will see is a more hawkish tone than what the actual numbers were earlier.

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