With the average expected months to a Fed rate hike, as measured by the MSMIKE index on Bloomberg now standing at 5.62, its lowest point since April of 2010, Morgan Stanley says don’t expect a rate hike in June but watch for “excitement” to accompany the June 16-17 meeting of the Federal Open Market Committee. Morgan Stanley: FOMC likely to note an economy that started the year weak and has failed to entirely take off The topic of such excitement could come in the form of one of the research opinions that was put out regarding economic growth. Morgan Stanley…
Morgan Stanley: Watch For "Excitement" At June FOMC Meeting, But No Rate Hike
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.