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Stocks reacted negatively, but was it to rate hikes or the other Rs?
Markets and not just stocks experienced a very rocky week. While the Fed raised its benchmark rates by another 75 bps, the other two "Rs" - recession and rising dollar - are lurking beneath the mainstream focus on the Fed. A conversation about commodities, curves, currencies, and collateral, the four Cs of deflationary excess.
Eurodollar University Conversations, featuring Steven Van Metre.
Twitter: @JeffSnider_AIP
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RealClear Markets Essays: https://bit.ly/38tL5a7
Epoch Times Columns: https://bit.ly/39ESkRf
**THE…
The skinny
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