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The Crockpot Recession (EP.304)

Animal Spirits Podcast

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The Bond Market Is Confusioned in the Push and Pull Between a Rate Increase and a Slowdown

The market is pricing in a high degree of likelihood of there being another hike. Three month tables are still 100 basis points, more than two year treasuries though. I just think the bond market is confused in the push and pull between. Wait, there could be a slowdown and a credit crunch to oh wait, inflation is still here.

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