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Behind The Markets Podcast: Patrick Harker

Behind the Markets Podcast

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The Fed's Inversion of the Term Structure of Interest Rates

The most reliable single indicator ever of the business cycle only miscalled one recession since World War II. The Fed seems even if it hikes just 25, 25 more basis points going to invert that term structure even more. I'm not going to be fooled anymore by the Fed about the seriousness of an inversion of the term structure of interest rates.

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