MacroVoices #331 Jeff Snider: The Eurodollar Curve Says Deflation Not Inflation
Macro Voices
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What's Going on in the Market?
i don't think that's really change. They hae a very, very favorable supply side picture for a very long time. But it is really about demand as well as monetary risk. These are all defationary signals that the market is starting,. these varied markets are starting to prepare for what is not just your usual recession. And i think that's why the curves have changed as much as they have.
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