He's still going
- 25bps hike won't have a big effect on consumption
- USD has risen pretty substantially since mid-2014 ( NSS )
- Greater strength in dollar may not be priced in yet
- Divergence of Fed from other major central banks could push dollar higher still
He's picked up on the 25 handle jump since mid-2014 but ignores the 30 odd handles since the 2011 lows to May 2014
Tarullo was up with comments too but as expected he's bleating on about regulation
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
