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Former Fed Trader: Rate Hikes Will Crash Markets | Joseph Wang
Forward Guidance
The Bond Market Is Telling You That There's Going to Be a Discussion
The market is still smart, but it's just less smart money than perhaps it used to be. People have different investment frameworks that don't involve any insight about the fundamentals of an economy. So I think if you look at treasuries and trying to divine what they're saying about the economic conditions, you will be disappointed.
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