, even if that cycle has further to go. Hence the inversion and the fear that the harder the inflation nut will be to crack, the more damage will be done to the economy its sitting on. That adds up to a slightly stronger Dollar but not dramatically stronger – it’s retraced a third of the fall from its end-September peak. This is set to grind on until the weight of forward-looking recession indicators becomes too heavy to ignore.
“In the meantime, we watch investors move to the relative safety of credit markets, which appeals to boomers and is fine until it really isn’t. At which point, we’re in a recession.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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LiveSquawk lol market ripping up partying like its 1929!
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