Fed's Dot Plot and My Watchlist

The latest Fed dot plot certainly shifted expectations, particularly on the longer-term rate projections. While the market digested it somewhat, the underlying message feels like a slightly higher for longer bias than many were pricing in just a few weeks ago. This outlook makes me scrutinize carry trades more closely and re-evaluate some of the growth names on my watchlist, like $PLTR, for sensitivity to discount rates, even after its recent move to 160.41. I'm also watching how this plays into emerging markets; $EEM at 65.91 might see continued pressure if the dollar strengthens further on this narrative.