The End Game Approaches
Marc Chandler
June 25, 2022
The pendulum of market
sentiment swings dramatically. It has swung from nearly everyone and their sister
complaining that the Federal Reserve was lagging behind the surge in prices to fear
of a recession. On June 15, at the conclusion of the last FOMC meeting,
the swaps market priced in a 4.60% terminal Fed funds rate. That seemed
like a stretc…
The End Game Approaches
Reviewed by Marc Chandler
on
June 25, 2022
Rating:
