As the U.S. Federal Reserve (Fed) sets to pull a trigger on raising interest rates, and is tepidly looking over its shoulder at a recent up-tick in market volatility like someone scared on a city street late at night might do, an HSBC piece states that now is the time to raise the first time, but don’t expect a sudden follow up act. It is the second rate hike that will not happen anytime in the near future. Relationship between low unemployment and inflation just can’t find the old spark it once had The report is written by HSBC’s Global Chief Economist…
HSBC Says Fed One And Done
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.