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MacroVoices #323 David Rosenberg: The Fed Put Has Expired
Macro Voices
I Think the Fad Is Doing Everything It Can to Enhance Its Credibility
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We're back below three % on the tenure. Not that i ever thought we'd see us above three % for we got there. But you know, market ae this nasty habit of overshooting and under shooting in both directions. A lot of fat already priced in to the long end of the us Yield curve. This is why i say stick with gold, because i could see at the fad probably is going to move rates despite bravado. I'mo the view.
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