Mar
24

Financial Fix

fix Financial conditions are much better than they were just weeks ago. Equities are up, yield spreads are down, the dollar has weakened and the VIX or “fear gauge” is at its lowest level since August. Risk is suddenly appealing. Should the Fed now raise rates? No, things are better because the Fed doesn’t plan to raise rates much this year. A sudden change in plan will undo the recent improvements.

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