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

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 respond to repeated warnings about the deteriorating financial condition of Sil