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At Jackson Hole, Powell assured us that a “narrow group of foods and services” were responsible for the “spike of inflation”. Yet, in the latest Kansas City Fed survey, EVERY i.e. 100% of the respondents said their raw material prices were higher than a year ago!
At Jackson Hole, Powell assured us that a “narrow group of foods and services” were responsible for the “spike of inflation”. Yet, in the latest Kansas City Fed survey, EVERY i.e. 100% of the respondents said their raw material prices …
Warning Signs Similar To Bear Stearns In 2007? Bond Spreads Narrow To Lowest Since 2007
The gap or spread between high yield debt (junk bonds) and investment grade corporate bonds is now the most narrow it has been since 2007. And what happened in 2007? A number of hedge funds owned by former famous investment …
Yen at the Narrow Ledge, BOJ Taking a Step Forward
Description: BOJ’s Haruhiko Kuroda announced no changes in the controversial negative interest policy. What does this mean for Japanese economy, and how long will this situation last? According to an interview that BOJ’s Governor Haruhiko Kuroda gave recently to …