An inverted yield curve (2/10) is an indicator but the 'cause'. Yields were 6%/5%/4% last times they were inverted and not 1.5% :) If corps can't afford to pay 1.5%, there is nothing Fed can do to resolve that issue. Policy issues are the cause and the cure is fiscal and not monetary. GL
Not a trading call, just sharing my view. Peace
Not a trading call, just sharing my view. Peace
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Comment:
Correction: meant to say is an indicator and not the cause.
Comment:
Let's not walk the world into recession. Apparently the problem is Fed's 2% rate and policy makers are trying to create a market for massive budget deficit (irresponsible spending). Now let's reward this behavior with rate cut.
Trade closed: target reached