Falling Inflation & Your Money 7/12/23
Halftime Report
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How to Solve the Yield Curve Question Without Causing Pain to the Market
If inflation stays sticky at 3%, then basically we're back to the old normal. I think it's still very much a realistic possibility that we're going to see technological innovations. The yield curve so far has been right about a financial crisis, but it's been wrote about a credit crunch in a recession because of the monetary response to it. We've gotten the first part of that scenario right.
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