Weekly Commentary | February 13, 2022

Macro Picture

The equity markets finished the week lower after two straight weeks of nice gains.  So we have 3 weeks down, 2 weeks up, and one week down.  The story remains the Fed pivot, which is increasingly appearing like they are behind the curve.  At the start of the year, we had one hike baked into the Fed Funds market for 2022.  Three weeks later …