Jim Bianco I think rightly corrects the famous "inverted yield curve causes recession" with "it's the un-inversion, that causes recession".
And that happens when short end yields rapidly fall. That would happen w/ FED easing to handle ...recession.
Jim Bianco I think rightly corrects the famous "inverted yield curve causes recession" with "it's the un-inversion, that causes recession".
And that happens when short end yields rapidly fall. That would happen w/ FED easing to handle ...recession.
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