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Powell Has No Choice But To Sound Hawkish

The markets are all doing different things to prepare for the volatility for the next 18 years, notes Andrew Brenner. He previews the FOMC announcement today at 2pm ET, as well as the expectations for a rate hike today. He talks about how rates are bull steepening in the U.S. while bear flattening in Europe. He thinks that Powell has no choice but to sound hawkish. He mentions that we had said for 18 months, no recession in the cards, and we continue to say that. Tune in to find out more about the stock market today.

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26 Jul 2023

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