Reply To: Federal Reserve Beige Book Highlights Softening Demand as Wages Growing but at Slower Pace


Perpetual Dip Buyer JPMorgan short-term rates guru Marko Kolanovic thinks it’s all too much.

“We believe rates market repricing went too far and the Fed will surprise dovishly relative to what is now priced… The move in markets prices in more than enough recession risk, and we believe a near-term recession will ultimately be avoided,” he said.