FED with no other choice but to cut rates as predicted a few weeks ago. This was no coincidence and perfectly plays into the recession scenario.
Cutting rates with the fully loaded balance sheet is a very precarious task and markets are bound to become increasingly unstable Because of the insanely high uncertainty when it comes to monetary policy.
Long on bonds with tanking yields, Short global markets
Cutting rates with the fully loaded balance sheet is a very precarious task and markets are bound to become increasingly unstable Because of the insanely high uncertainty when it comes to monetary policy.
Long on bonds with tanking yields, Short global markets
