the dow falling more than 400 points but |
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with the dow up nearly 400. let's bring |
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the action today is that we've had three |
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2022 when we've started to learn to just |
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airlines is one of those cyclicals are |
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next six to 12 months |
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DATE
next six to 12 months
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sure and the two biggest uncertainties |
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respect to covet 19 and then of course |
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do in 2022. as we learned last week |
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environments with three potential rate |
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hikes at 25 basis points each next |
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our perspective in fact one area that we |
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theme for 2022 |
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2021 |
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2024 the fed may only only i put in |
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quotes raise rates by two percent that's |
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this is kind of a new one here in that |
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number one are you still anticipating |
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three rate hikes and number two how |
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now one thing that investors should be |
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between the 10-year and the two-year |
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three times in 2022 sure it's possible |
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lower bound is still below one percent |
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PERCENT
below one percent
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and historically for markets the first |
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to where the 10-year treasury is trading |
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expecting the fed to get much past 1.5 |
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accident given where the 10-year is |
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somewhere between 1.4 and 1.5 as the |
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CARDINAL
between 1.4 and 1.5
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expect it to do in 2022 which would be |
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the one risk that you think investors |
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ahead to 2022 so much talk about the |
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that one event that we're not |
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think 2022 is going to be a year where |
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especially valuations i think that 2022 |
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basis and in 2022 i think that false |
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