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UnknownUnicorn634428
Apr 24, 2019 11:15 AM
Fed Funds Rate threatening to break-thru decades-long downtrend
Long
FRED:FEDFUNDS
1D
Effective Federal Funds Rate
FRED
Description
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Apr 24, 2019 11:15 AM
If this trendline is broken, it means higher rates and panic in the credit market. Notice also that the last two times (in 2000 and 2007) that the funds rate challenged this line was the beginning of major market declines.
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