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Value After Hours S05 E16: Cam Harvey on 10-3 Inversions, Recession Risk, False Signals and the Fed

The Acquirers Podcast

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The Importance of Predictability in the Economy

The original model in my dissertation at the University of Chicago in 1986 was based upon expectations that financial assets like bonds and stocks, but bonds a lot less noisier contain information. So well, if the 10 year bond, the LUD demand for price goes up, yield goes down. And this serves to flatten the yield curve or even infertile. Back then, PhD, how long is that going to take? I told my parents they're shaking their head. They said, well, you know, it was a pay faster.

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