My one-hundredth-and-thirty-ninth YouTube video “Beware the Dot Plot” went up today.
The next Fed meeting is June 15, and I think there isn’t much to worry about in terms of a coming rate increase (we know it will be 50 basis points, which the market has priced in). What you do need to look out for, however, is the Dot Plot. This communicates Fed members’ expectations for growth and inflation in the coming years, and if they foresee stickier inflation AND slower economic growth the market won’t be happy.
Please watch and subscribe to my YouTube channel. And like my video.
Here’s the link:
