The Fed announced its first rate hike in over 3 years this week. Scott Bauer joined the IBKR Podcast ahead of the decision to break down what he thought investors should be listening for beyond the number itself, and why the more important question now is what happens in October and beyond.
Scott covers:
- Why he thinks Warsh’s post-decision comments could say more than the hike itself
- What a unanimous FOMC vote would signal about the committee’s hawkish lean
- Why he puts 70% of the equity selloff on rates and only 30% on energy
- Why 30-year mortgage rates topping 7% could start showing up in economic data soon
