6min chapter

The Macro Trading Floor cover image

Frances Donald: The Yield Curve Signals A Huge Warning

The Macro Trading Floor

CHAPTER

Fed Put

The average space of time between the last tike and the first cut has traditionally been about eight months. "What's pretty clear to me is that this is a fed that will now knowingly and unwillingly heiken to a potential recession or slow grow," says Moya-Moya. There are so many downside risks to acknowledge in this economy, both internally and externally, she adds. 'I don't know how to forecast covidlng policies for one year'

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