Chart Junkie: Fed Rate Hike Nowhere in Sight

By Damien Hoffman

Intuitive Surgical Hits $393!

The Hoffman Brothers called ISRG at $152 and it ran to $393 for a 158% gain! See what the Hoffman Bros recommend you buy NEXT.

Chart Junkie

Business Insider Deputy Editor Joe Weisenthal offers this very interesting chart from Morgan Stanley. Joe notes: This chart “takes a look back at the last few recessions, and then the timing of three subsequent economic events: non-farm payroll growth, the peak in ISM new orders minus inventories, and then finally the first rate hike. As you can see, we haven’t even had the first two, and in the recent recessions, the rate hike (as shown by the green bar) comes significantly after the recession is over.” (Source: Business Insider)

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  • Couldn't agree more. All this talk about tightening is fueling a USD rally in anticipation of the next round of Treasury/MBS buying from QE 2.0, coming to a summer near you! You didn't think China was going to step up to the plate, did you?
  • Rhetoric is Bazooka Ben's favorite ;)
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Damien Hoffman - who has written 849 posts on Wall St. Cheat Sheet.


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