FYI: All Eyes On Financial Conditions:
The Federal Reserve has now hiked the fed funds rate six times since they began to
normalize policy interest rates in December
2015. While the initial policy adjustment led
to a rapidly appreciating dollar, weaker oil prices and stressful outflows of Chinese
currency reserves, since late 2016 the global economy and financial markets have
absorbed Fed actions reasonably well
Regards,
Ted
https://www.morganstanleyfa.com/public/projectfiles/gicweekly.pdf
