Jared Kubin(@JaredKubin):post WARSHmaxxing - what is going on? markets seem to be pricing the consequence of the hike... - rate hike "winners" getting smoked - big banks and regionals smoked - homebuilders & industrials hit hard - AI did get crushed Monday ... more defensive today immediate reaction move is about the shape AND growth path... the front end rose with the hike while the long end rallied, so the curve flattened and margins compress. a hike into slowing growth means loan demand and credit go the wrong way. Regionals lagging big banks (funding costs, commercial real estate) is the classic hard landing tell (which the MACRO PULSE is confirming)

2026.09.16 19:43

post WARSHmaxxing - what is going on? markets seem to be pricing the consequence of the hike... - rate hike "winners" getting smoked - big banks and regionals smoked - homebuilders & industrials hit hard - AI did get crushed Monday ... more defensive today immediate reaction move is about the shape AND growth path... the front end rose with the hike while the long end rallied, so the curve flattened and margins compress. a hike into slowing growth means loan demand and credit go the wrong way. Regionals lagging big banks (funding costs, commercial real estate) is the classic hard landing tell (which the MACRO PULSE is confirming)