Steve Ricchiuto — Mizuho Securities (1 trade idea)

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Date Ticker Direction Thesis Source
Feb 12, 2026 SHORT Ricchiuto argues the economy is accelerating, inflation is "stuck," and the Fed will not cut rates for 12 months. The market is pricing in cuts that won't happen. As data confirms sticky inflation and strong growth, yields must rise (prices fall) to reflect a "higher for longer" reality. SHORT Treasuries (expecting higher yields). A sudden economic crack or banking crisis forces the Fed to cut. Bloomberg Markets
Bloomberg Surveillance 2/12/2026...