Strategist Sinche Urges Markets to Look Away From Fed

The transcript discusses market expectations regarding rate hikes, with opinions from major financial entities like Goldman Sachs and PIMCO. It covers the bond market's response to fiscal policies and the influence of global markets, particularly the ECB and BOJ, on US yields. The conversation also touches on the Federal Reserve's balance sheet and potential future rate hikes, emphasizing the importance of other market factors like energy prices and regulatory reforms.

What is the general consensus on the number of rate hikes expected this year according to the transcript?

• No hikes expected

• One to two hikes

• Two to three hikes

• Three to four hikes

What was the initial expectation in the bond market after the election?

• A significant fiscal move

• Stability in fiscal policy

• A decrease in fiscal moves

• No change in fiscal policy

How does the Bank of Japan influence the US yield according to the transcript?

• Through massive purchases of JGBs

• By stabilizing the US dollar

• By increasing interest rates

• By reducing inflation

What is the potential outcome of maintaining a large balance sheet while raising short rates?

• Decreased economic growth

• Increased inflation

• A flatter yield curve

• A steeper yield curve

What is the main focus for the Federal Reserve in 2018 as mentioned in the transcript?

• Increasing interest rates

• Stabilizing the stock market

• Addressing the balance sheet

• Reducing inflation