#fedhikes25bpsusstocksclose THE FED
JUST TURNED EVEN MORE HAWKISH.

A 25 bps hike is now in, and Warsh made it clear inflation is still the priority.

He refused to rule out more
hikes
, while markets are already pricing in two more before year end.

Higher rates, rising yields, tighter liquidity.

Not exactly the setup risk assets wanted.
👀$SAGA $STAR $KNC