Rate Decision Ripple Effects, Equities' Resiliency, and the Trading Day Ahead 6/15/2023
Morning Call
00:00
The Fed's Decision to Increase Rates Could Lead to a Sell-Off
The consumer has been very strong the consumer is 70 percent of the economy and we want jobs to remain plentiful. Double line capital cio jeffrey gunlock offered a warning over the feds plans for two more rate hikes this year he calls it signs of mania within the markets. The treasuries were open up about 50 points earlier in the day but they're still elevated after the fez decision.
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