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March 3, 2020 | Inversions Despite Surprise Cut: More Cuts Coming
Mike 'Mish' Shedlock
Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction.
Strong inversions and Fed Fund Futures were the key to understanding why the Fed would jump 50 basis points.
Guess what. Even after that emergency inter-meeting cut, the yield curve is still inverted.
The Fed is under pressure to cut again.
Mike “Mish” Shedlock
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Mike 'Mish' Shedlock March 3rd, 2020
Posted In: Mish Talk
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