26 Quotes by Michael Darda

There was nothing too surprising in what he said.

The minutes didn't change the outlook for the interest rate moves priced into the market. The Fed is expected to raise the funds rate at least two more times unless economic data is released that will change this assumption.

The bond market is at a ridiculous valuation, whereas the stock valuation is low relative to bonds.

It was a great report, although one month does not a trend make.

There's the potential for a positive surprise. But anything around or above 200,000 is a positive for the economy.

Inflation has boxed the Fed in, they are going to have to keep moving rates up.

If you look at the data, we are seeing a subtle, upward pressure on core inflation.

The market is higher, but we're not talking huge moves here. The market is looking at a plateau in the fed funds rate at or around 5%.