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This is the WORST Case Scenario for the Global Economy (dollar up, rates down)
Episode 804
Published 1 year, 10 months ago
Description
Conventional 'wisdom' says that when US$ interest rates go down the dollar goes down with them. Yet, it hasn't been uncommon to find Treasury yields falling as the dollar's exchange value jumps. When that has happened, nothing good comes from it. We're starting to see what looks to be that scenario setting up right now.
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