3min chapter

Forward Guidance cover image

Jeff Snider: The Credit Crunch Is Here As Ultra Rare Bond Market Signal Flashes Red For First Time Since 2008

Forward Guidance

CHAPTER

The Definition of Deflationary Money

The Fed is trying to stop deflationary money from spilling over into the real economy. So it was modestly deflationary last year, and I think we have a little bit more of it this year. But you look at what the markets are trading, we're still looking at the same type of situation.

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