The problem is that markets are so overtuned nowadays. Every trader is just hanging on to every last dot of the fed. The fed should have raised rates a long tim

The problem is that markets are so overtuned nowadays. Every trader is just hanging on to every last dot of the fed. The fed should have raised rates a long time ago. Like, rates in the 70s used to be around 20%. And now, the fed doesn’t have the balls to raise it 500 bips. It’s ridiculous.