Monday, June 20, 2022

Atlanta fed Real GDP

So the Atlanta fed estimates Real Q2 GDP to be Zero #Recession

Fed... again

Kashkari confirmed 75 bp in July. This hawkish turn by Fed is having a very pronounced effect on mid-term inflation expectations. 2y2y inflation swaps have been hit quite hard.

USD/EURO

I'm sure y'all heard about the euro falling below the dollar for the first time in decades. A "strong dollar" serves great...