
MacroVoices #331 Jeff Snider: The Eurodollar Curve Says Deflation Not Inflation
Macro Voices
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Is Cryptocurrency Crashing?
Jeffrey Toobin: Consumer confidence, euradella futures, Treasury gild curve flattening. We're getting a consistent signal that goes all the way back into last year that tells us something's going wrong. And it's not just in the united states. There's all sorts of contraction indications of recession risk rising across europe. So if consumer prices are going to come down this year, i'm no longer comfortable preparing for the unemployment rate to go up a little bit. That's no longer a problem. The answer is a pacesetters interest rate hike and more central bank easing. But we've been saying that on macro voices for months now. What am i missing
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