No Surprise, Hysteria Wasn’t a Sound Basis For Interpretation

By |2019-02-27T16:58:16-05:00February 27th, 2019|Bonds, Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

What gets them into trouble is how they just can’t help themselves. Go back one year, to early 2018. Last February it was all-but-assured (in mainstream coverage) that the US economy was going to take off. The bond market, meaning UST’s, was about to be massacred because the overheating boom would force a double shot [...]