Peak hawkishness = Risk-on?

The Economist is becoming known as a source of the contrarian magazine cover indicator. As the world holds its collective breath for the FOMC decision next week, the recent cover of the magazine begs a number of important questions for investors.

• How far beyond the inflation-fighting curve is the Fed?
• What are the likely policy implications?
• Is this a case of peak hawkish expectations for the market and what does that mean for asset prices?

The full post can be found here.