Thursday, May 5, at 9:00 AM CT (10:00 AM ET, 7:00 AM PT and 15:00 BST) Bianco Research, in conjunction with Arbor Research & Trading, will be hosting a client webinar/teleconference moderated by Jim Bianco.
The market seems to be accepting the idea that the Fed will continue hiking until ‘something breaks’. Some believe that point is not far off given the slump in risk markets and the first quarter’s negative GDP growth rate. At many points over the last decade, these events would have been enough for the Fed to support the markets. Now, however, their main focus is on reining in inflation. For this reason, we believe the markets have yet to experience their major point of capitulation. Join us Thursday as we discuss.