Artis Real Estate Investment Pref Shs Series E T.AX.P.E

RE:Bonds rallied as S & P dived

[DZtrader]

So I'll take a second to explain, God knows why but perhaps it will save everyone else from some grief. I do believe some or most might know what's going on. No not a flight to safety. Market is coming back from sell off because there once again is a feeling cuts will be in play, if not in June then likely sometime after. The Powel interview from Stanford the other day that I commented on didn't really say anything new but did re-enforce the notion that stronger economic conditions wouldn't necessarily derail cutting cycle. As is normally the case in particular right now, other fed speaker (who each have their own thoughts and opinions) will make comments. Today Neil Kashkari came out and floated the notion of no rate cuts this year, to which the market then reacted and in turn pulled back in. I think you should expect (as I alluded to in yesterday's post) the fed members to keep a slightly hawkish bias here until June comes or such time as they announce cuts. I listen more to what Powell is saying than other speakers. I think it suites them right now to walk back or jawbone the notion of a "done deal" for a new cutting cycle, get used to it or even use it to your advantage. There, now you have it. No more polluting the boards, thanks in advance.