Fed rate hike outlook after strong jobs report (with Monica Rix)

Jeff Rosenberg from BlackRock argues that markets are pricing in rate hikes ahead of the Fed, and the Fed will likely have to play catch-up following the strong May jobs report.

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Asset Manager $10500.00B
Jeff Rosenberg 9.0

Fed rate hike outlook after strong jobs report (with Monica Rix)

ndx

The tech selloff mentioned is linked to the strong jobs report and rate hike expectations, suggesting near-term caution for NDX.

yields

Rosenberg says markets are pricing in rate hikes ahead of the Fed, implying upward pressure on yields.

Monica Rix

Wall Street ended a historic weekly run due to a tech selloff following a solid jobs report, boosting bets on a Fed rate hike.
Jeff Rosenberg

The markets are out ahead of the Fed, and the Fed will likely be playing catch-up on rate hikes.

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