The Days Of Easy Returns Are Over As Volatility Resumes | Simon White, Bloomberg

Thoughtful Money with Adam Taggart · May 6, 2024 · 1h 10m

Stubbornly sticky inflation looks to be turning the Federal Reserve's campaign of Higher For Longer interest rates into "Higher For Even Longer"

Today's guest warns that "Markets are unprepared for price growth that is becoming entrenched".

Nor do they appear prepared for bond yields to remain at today's rates, let alone march higher from here.

Remember, it was only a few short months ago that the markets were pricing in 7 rate cuts in 2024. Now it's appearing they'll be lucky to get only 2 or 3.

And who knows?

They may not get any.

Does this mean financial asset prices need to adjust…