Two things that caught my attention this week, 10/28/18:
* US economic data broadly weakening, especially leading indicator housing data, as consensus remains 4 more rate hikes by the end of 2019 along with continued USD strength.
* Dallas Fed Chair Kaplan made comments Friday about IOER which caught our attention as CS’ Zoltan Poszar put out a report in August arguing that US deficit crowding out of US money markets manifested in IOER/Fed Funds movements would force the Fed to stop QE Taper by year-end 2018.
As discussed in this video, Registration is OPEN for the “FFTT 2018 Wrap up”, a 2 hour virtual event. Seats are limited. $97 per person.
Visit https://bit.ly/2RfrjWb to register and reserve your seat. We will hold a presentation with a slide deck and will take as much Q&A as time will allow! See you there!