Dudders popping up in New York
We're pretty close to both of the Fed's objectives
We may have an inflation problem if you push unemployment much lower
The last comment is almost at odds with what he's been saying recently about there not being a problem with inflation.
Maybe my thoughts on the speed of these hikes holds some water? I doubt the Fed will risk jobs growth just to fight inflation.
The economy can absorb the current rate path
Economy will be able to adjust just fine
Rate rise we've had in place is extraordinarily gradual
Fed wants to make policy a little less accommodative
We are seeking a soft landing by moving rates a little bit
10 year yields are pretty low
Expects fixed income investing to be less attractive going forward since rates are rising
The general expectation is for longer-term market rates to rise as the Fed tightens
There's been a bond bull market since 1982
Now he's a bond trader.