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BCB104: JOE CONSORTI: Recession, Real Estate, Banks & Left Nipples (Macro Update)
Blue Collar Bitcoin
The Fed's Band Aid Fix on Inflation
Two year yields have fallen almost a full percentage point below the federal funds rate. The last time it inverted was when the Fed was already cutting in 2007. So that's why I think either the Fed's done here or just for posterity sake, because it really wouldn't do anything. Just to say like, we've got this. One more hike.
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