Higher Interest Rates Will Ultimately Trigger The Next Recession As The Entire Debt Construct Will Be Weighted Down By The Burdens Of Cost Of Carry.
“So They Want to Keep Raising Rates” Higher interest rates will ultimately trigger the next recession as the entire debt construct will be weighted down by the burdens of cost of carry. And today’s inflation and correlated weakening retail sales data suggested that there’s price sensitivity already at these, historically speaking, still very low rates: … Read more