Roberto Perli (@r_perli) 's Twitter Profile
Roberto Perli

@r_perli

Head of Global Policy Research at Piper Sandler. Former founding partner of Cornerstone Macro and Federal Reserve senior staff member.

ID: 1220134701618356224

linkhttp://www.pipersandler.com calendar_today23-01-2020 00:03:18

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Powell really didn't say anything shocking today from the point of view of the bond market: Expectations for rate hikes moved up only marginally. But the stock market might be internalizing that there was no dovish pivot in July and that there won't be one any time soon.

Powell really didn't say anything shocking today from the point of view of the bond market: Expectations for rate hikes moved up only marginally.  

But the stock market might be internalizing that there was no dovish pivot in July and that there won't be one any time soon.