“The narrow form, strong form forward guidance where I tell you I'm going to raise rates three times, not more, not less.”
♫
Said on The Real Eisman Playbook
Alpha Exchange · Harley Bassman, The Convexity Maven
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provided forward guidance of raising rates 25 basis points every six weeks
25 bps every six weeks
“The narrow form, strong form forward guidance where I tell you I'm going to raise rates three times, not more, not less.”
“We're getting 150 basis points above the cash rate… taking no risk and having complete liquidity.”
“We've raised capital… from introduction to giving us a cheque, have been as quick as six to seven weeks”
“The average rate on the 30 year fix rose 10 basis points today 7.56% according to Mortgage News Daily”
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