'Hike Doesn't Change Fundamentals,' says Cetera's Goldman
Gene Goldman, CIO of Cetera, reacts to the inflation expectations and overall market volatility following the Fed's rate decision by telling Bloomberg's Paul Sweeney and Scarlet Fu that it's one and done (maybe two and done), not the start of something bigger. It's insurance against sticky inflation, not a return to aggressive tightening. Markets had priced in too much. Federal Reserve officials…
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.