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The temperature just got turned way up.
What if the economy is the proverbial boiling frog? But rather than the temperature of the water in the pot increasing slowly all the time, it goes up and then just when the frog begins to notice, it falls back a little only to repeat the process several times before the boil. How would we know what the water temperature is and what it is really doing? We have tools.
Eurodollar University's Money & Macro Analysis
Twitter: https://twitter.com/JeffSnider_AIP
https://www.eurodollar.university
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https://www.PortfolioShield.net
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The skinny
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