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Market strategists get cold feet at the worst possible time.
#interestrates #inflation #deflation #recession #inversion #ratehikes
A slew of Wall Street types are getting impatient - and cold feet - waiting for a recession they're not sure is happening. The market is sure causing them to wonder if the market is just wrong with its massive inversion. No, this time is never different.
Eurodollar University's weekly conversation w/Steve Van Metre
If Powell Wants Higher Rates, He Should Ask Why He's Not Getting Them
https://www.realclearmarkets.com/articles/2023/07/21/if_powell_wants_higher_rates_he_should_ask_why_hes_not_getting_them_967624.html…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.