The bond market does not believe the Fed.
Bonds signal inflationary and economic weakness risk is rising.
via Bloomberg
Stagflation…
— Northstar (@NorthstarCharts) October 12, 2024
See also Oil prices dip below $70, signaling weakening demand. Economic outlook clouds retail sales.
Gold beats the S&P 500 this year as investors discount more currency destruction
Graph via Bloomberg pic.twitter.com/kf7nV9VhvZ
— Daniel Lacalle (@dlacalle_IA) October 11, 2024
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