them but this one seems particularly |
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important this one in particular because |
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melissa first of all when i say it's the |
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it's just one of those one of those |
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piece of paper i really think the 30 |
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billion dollar taper is fairly well |
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many hikes does it see in 2022 how many |
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hikes in 2023 and how far is it going uh |
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your first hike pretty much by september |
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you get your second hike and then the |
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not it can slip in that third hike next |
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december 2022 but we asked this question |
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debate about that 45 say yes 48 say no |
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bank of america i think is eight by the |
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end of 2024 barclays is nine by the end |
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of 2024 so i'm just wondering how how |
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was the first rate hike now it's june so |
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that's six months earlier to begin with |
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we have in our survey three built in |
3.76 |
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next year three built in the year after |
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the after that so we get to 150 by 2023 |
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ultimately we get to two and a half 2.3 |
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by 2024 so there's a long way to go but |
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i just want to throw out one idea here |
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going to have a 9 trillion dollar |
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or at least 42-year inflation that |
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CARDINAL
at least 42-year
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about where we were in december of 2018 |
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that credibility question for a second |
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sticks to its guns no matter what or one |
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powell and come to two different |
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conclusions one is that he missed it he |
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year at 1.68 |
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as of february 1.7 inflation so this |
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mean 30-year yields have never been |
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