| to ask you first about your response to |
3.281 |
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| from 2021's policy mistake to use your |
4.719 |
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| great you know one thing we told our |
3.519 |
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| yesterday we saw you know three things |
2.801 |
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| one you know they took some uncertainty |
4.08 |
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| said we are raising in march number two |
3.759 |
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| out back in march of 2020. great news |
4.4 |
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| there but number three we did learn some |
3.601 |
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| see what's going on number one they |
3.2 |
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| in december number two there's really so |
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| number three the fed you know palestine |
3.68 |
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| the two-year treasury yield markets are |
3.681 |
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| pricing in four to five hikes we're |
3.76 |
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| probably on the longer side maybe four |
4.56 |
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| maybe five hikes the key question is |
5.04 |
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| will be at 50 basis points at one time |
4.48 |
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| you know this volatility ties into one |
3.759 |
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| of our key themes for 2022. market |
4.32 |
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| very different than the last one the |
3.44 |
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| last one was long it was stretched out |
3.52 |
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| country 128 months and that environment |
4.56 |
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| correction so did the s p 500 with that |
3.92 |
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| 10 down we don't see a bear market at |
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| reasons why number one you can look at |
3.761 |
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| on low debt to income second of all you |
5.119 |
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| remove it third of all supply chain |
3.761 |
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| evidence of that already fourth of all |
4.239 |
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| yesterday about 37 basis points during |
5.68 |
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| most corrections this averages about 395 |
5.92 |
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| this goes into our first theme |
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