Bank Of England Announcement Will Not Cause The Fed To Pivot

<p>We don’t believe the Bank of England’s announcement will cause the Fed to pivot, says Cooper Howard. He talks about how the Bank of England is buying long dated treasuries to help stabilize the falling pound, as well as how the Bank of England could impact the Federal Reserve’s rate hikes. He notes that we should expect at least 50BPS at each of the next two Fed meetings. He also goes over fixed income investing saying to consider extending duration. Additionally, he mentions the dwindling chances for a soft landing. Tune in to find out more about the stock market today.</p>