Very worrying signals when a moderate slowdown leads the central bank to change 180 degrees its normalization path.
A strong economy does not need the Fed to revise rate and balance sheet strategy. Very worrying signals when a moderate slowdown leads the central bank to change 180 degrees its normalization path. pic.twitter.com/JwwmZOupKD — Daniel Lacalle (@dlacalle_IA) February 16, 2019 https://twitter.com/AndysCycles/status/1096800802893524994 Extremely overbought with worse fundamentals. Massive downside here. More than in Oct/Dec of … Read more