The Recovery That Wasn't Heads For Its "Sell By" Date

Everything today suggests he remains convinced of just this. Time and lost compounding just don’t compute for these people. Therefore, if the economy does turn either later this year or next year, downturn or recession, Powell will, in all likelihood, still be singing about inflation, overheating, and “rate hikes” while it does. That’s what the yield curve and more so eurodollar futures are saying right now at this very minute.

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