Curve Sanity (Not What Most People Want To Hear or See)

By |2019-06-13T18:47:44-05:00June 13th, 2019|Bonds, Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Rate cuts will be insurance against whatever “trade wars” will throw at the global economy. That’s the current line from monetary officials in the US, anyway. The real question to ask is, how would they know? Starting with trade wars. Is that really what’s behind all this? The evolution of the curves told you everything [...]