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    MARKET EDGES

    Identify global risks and opportunities with essential macro intel using Hedgeye’s Market Edges.

Good morning from London.

So, we got another nice pullback for bond yields off of last week’s panic highs. The US 10-year yield down -22 basis points in less than a week after the US Dollar failed to reclaim TREND support.

I’ve been looking for a dovish Fed since the March 18th meeting, so I’ll reiterate what they should do (see 3 Charts - Don't Hike) given the slowing data – USD agrees.

So, if the Fed opts for one rate hike “just because it’s time” … then I think stock, bond, and commodity market risks ramp.

INSTANT INSIGHT: If the Fed Opts for One Rate Hike… - z ben ryan

Editor's Note: This comes from research written by Hedgeye CEO Keith McCullough earlier this morning. If you're serious about stepping up your market game we encourage you to take a look at our offerings.