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'Hike Doesn't Change Fundamentals,' says Cetera's Goldman

Bloomberg Television · via YouTube

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About this video

Gene Goldman, CIO of Cetera, reacts to the inflation expectations and overall market volatility following the Fed's rate decision by telling Bloomberg's Paul Sweeney and Scarlet Fu that it's one and done (maybe two and done), not the start of something bigger. It's insurance against sticky inflation, not a return to aggressive tightening. Markets had priced in too much. Federal Reserve officials failed to adequately…

Companies mentioned

SPYSPDR S&P 500 ETF Trust

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