- What if Powell's speech was a hedge to allow rates to rise as he may think the Fed can't buy all the new Treasury issuance on deck?
- I've been negative on bonds and believe we will see higher yields in the coming days and weeks
- This will have implications for other asset classes that have been doing well
- Sentiment is extreme and I examine the latest Investors Intelligence Survey results
- I'm on Real Vision's afternoon program after the bell today.