Monday, May 23, 2016

Why Deutsche Bank Thinks 
A Fed Rate Hike Would Unleash 
A Stock Market Crash
Deutsche Bank thinks that "the market is not ready for a June hike" .. the bank is worried because "the hawkish Fed minutes will weigh on risk, bias yields lower, and flatten the curve" for the simple reason that the Fed is so clueless it "seems to be interpreting recent easing in financial conditions as an opportunity to force rate expectations higher." .. the bank says the "ease in financial conditions occurred precisely because of the Fed’s dovish turn earlier this year." Hence why the bank is confident a hawkish turn will push markets right back where they were in December and January, prior to the February Shanghai Accord.
LINK HERE to the article

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