WALL STREET RETHINKS “ONE-AND-DONE” FED HIKE
The Fed’s hawkish September meeting is pushing several banks to add another hike or reduce expected rate cuts, including Goldman Sachs, Morgan Stanley, NatWest, Rabobank, Swedbank and Commerzbank.
The median analyst forecast still sees one additional 25bp hike, although views are split between October and December, while Citi, ING and SEB maintain that September was the final hike.
@DesignsBy_Tyler @beyoncegarden Please enroll yourself into the Derek Zoolander Center for Kids Who Can’t Read Good and Who Wanna Learn to Do Other Stuff Good Too. You’re going to hurt somebody’s brain making them read whatever bullshit that was.
"The rule of thumb in my world is if a company jumps through about eight hoops to get something off its balance sheet and not show you what it's doing, there's generally a reason for that. And so again, I think that they're worried about showing too much leverage, a low return on invested capital, and actually owning the assets as opposed to renting the assets or generating software returns on them."
🎙️ @RealJimChanos
"It's going to increase demand from all of the single family home buyers... they rush to the market to get all these homes and I think it actually may drive prices up while not increasing supply."
🎙️ Jen Saarbach & Kristen Kelly from 'The Wall Street Skinny' join Guy on RiskReversal podcast