iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,474 Blog Posts

Morgan Stanley: Three Rate Hikes in 2016

What the fuck is wrong with these people? This analyst seems like a perfectly normal person, no grotesque abnormalities or disfigurements about her person. Yet, like a monster, she comes onto my teevee to say that growth has sucked and she’s downgrading her GDP projections to 1.8%, yet she still believes the Fed will hikes rates 3 times in 2016, all at the back-ass end of the year.

How?
GDP

She then delved into the absurd by discussing the Chinese yuan crisis and how it might check the Fed from going all hog wild and fucking crazy. Meanwhile, back at the ranch, she’s one of my more hawkish analysts on Wall Street, with more idiots only gearing up for two hikes.

In summary, the U.S. economy sucks and the China yuan story might derail us, cartoon style. She doesn’t think the Fed will move in March–because that’d be messenger in Sparta asking for earth and water madness. Yet, at the same notion, the Fed will green light itself to ravage the economy later on with three hikes.

Fuck out of here.

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5 comments

  1. traderconfessions
    traderconfessions

    Look.. perhaps she had a bad morning at Soul Cycle.. maybe someone took her bike in the front row.. shit happens.. her thinking is a little cloudy this morning.

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  2. indie

    She knows exactly what she’s doing…

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  3. stockslueth

    She’s just a mouthpiece for the organization she represents. That’s why you hardly ever see them fired for making bad calls.

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