“Both the U.K. and the Caribbean represent hedge fund communities. It's not necessarily U.K. investors per se, but these are the investors based in London.”
“I think it's important from the policy stand point in that if the housing market is cooling down then I would argue that the Fed would probably have to do a little less.”
“The stronger consumer confidence, the more likely the Fed will keep hiking rates for longer. Yields have the potential to march higher in the coming months.”