Schwab's Jones Sees One Rate Hike in Second Half of 2022

The transcript discusses recent market movements, focusing on basis points and rate hikes. It predicts a possible rate hike in the second half of 2022, while considering the Fed's role in managing inflation expectations. The discussion also covers inflation trends, growth outlook, and market stability, emphasizing the importance of real growth and negative real rates.

What narrative does the speaker believe the Fed needs to reset?

What is the speaker's view on real growth and real rates?