HomeMarketsU.S. EconomyHatfield: Fed are ‘Terrible Forecasters,’ Expect Summer Rally
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Hatfield: Fed are ‘Terrible Forecasters,’ Expect Summer Rally

Hatfield: Fed are ‘Terrible Forecasters,’ Expect Summer Rally

Jay Hatfield is constructive on markets now that he argues Scott Bessent has taken the wheel on trade. He says it’s “fine to do nothing” if you’re a long-term investor, or do some “dollar cost averaging.” He thinks the Fed are “terrible forecasters” and looks to the money supply to read the tea leaves on inflation.

Market On Close

23 Apr 2025

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