'There's no way the stock market goes up this year, it probably goes down pretty aggressively,' says hedge-fund honcho Kyle Bass

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Don't expect gains in 2022 if the Federal Reserve sticks to its guns on rate hikes and tightening overall financial conditions, says Kyle Bass.

Don’t expect stock-market gains in 2022 if the Federal Reserve sticks to its guns on rate hikes and tightening overall financial conditions, says Kyle Bass, founder and chief investment officer of Hayman Capital Management.

Bass’s comment come as the Dow Jones Industrial Average DJIA, -0.49%, the S&P 500 index SPX, -1.42% and the Nasdaq Composite Index COMP, -2.51% came under pressure, and the 10-year Treasury note TMUBMUSD10Y, 1.703% drew bids, driving the benchmark bond yield, used to price everything from mortgages to car loans, lower on the day and week.

The moves in inflation, even if the recent data suggest that pricing pressures may be peaking, are compelling the Federal Reserve to tighten financial conditions rapidly to defuse an inflation buildup. During the confirmation hearing in front of a Senate finance panel, Fed Gov. Lael Brainard said the rate-setting Federal Open Market Committee “has projected several hikes over the course of the year.

 

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Tell us what you are shorting and we will show you

TheMRLCo And what happens after, civil war, Lincoln back from the dead, boom apocalypse🤣🤣 NOT!

TheMRLCo Haha gotta hand it to these boys, for the number of times they're dead wrong seems to lift their confidence even higher🤣

💡😷✅ read your Bible anddoit

someone better tell every investment sub on reddit.

My ass

Good Boy keep shorting.

KenGriffinIsBernieMadoff KenGriffinIsBernieMadoff KenGriffinIsBernieMadoff KenGriffinIsBernieMadoff KenGriffinIsBernieMadoff KenGriffinIsBernieMadoff

Hopefully you are right but can we hold you to your words?

this guy?

In that case let me strategically set my calls

Yeah these guys are usually wrong! And many hedge funds massively under performed so they don’t Know crap

sure, more dip for me

Kevin spacey got a new job then 🤦🏻‍♂️

Is he short or hoping to buy lower?

Don't think so.

HAHAHA

God love the hedge-funds for giving their honest opinions to us common folks. Our best interests in mind.

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