Humpty Dumpty
from Macro Minutes
It might be an overly simplistic argument, but in hindsight it should not be surprising that aggressive Fed rate hikes broke something in financial markets. Policy actions to ring fence the problems have been fast and furious but can all the kings horses and all the king's men, put dislocated markets back together again? Participants: Jason Daw (Desk Strategy), Head of North America Rates Strategy Nicola Dransfield (Desk Strategy), European financials credit strategist Adam Jones (Trading), Head of US Credit Algo Trading Tom Porcelli (Research), Chief US Economist Blake Gwinn (Desk Strategy), Head of US Rates Strategy Peter Schaffrik (Desk Strategy), Head of UK/European Rates & Economics Adam Cole (Desk Strategy), Chief Currency Strategist * Research Analyst opinions are their published views, independent of those expressed by Desk Analysts
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