IMHO we will see something I refer to as a “frowny face” yield curve.
The Fed will raise short term interest rates. Foreign negative rates will suppress the yield on our 30 year Treasuries from rising much. But the mid term bonds will get higher. Flat at first, then “frowny face”.
Of course, that goes out the window if the negative rates abroad disappear.
yep-Chapman University’s Economic Forecast has one of the more accurate records for forecasting, See https://economicforecast.chapman.edu/forecast-2021/
they are calling for recession starting maybe Q4 of next year and they also point out that inflation lags increase in money supply so we have not seen the worst of that
Borrowing vs. Cost of living 🗜
Only for the Chuggites for whom the cost of living is rigged.
% of Chuggites vs. those that can’t cope with cost of living (slavery)❎
I don’t believe the Federal Reserve will raise interest rates this year. Should they? Yes of course. But it will be politically unpalpable, much as it was to raise during Obama’s term in office. The Federal Reserve acts to protect Democrats at all costs!
Bookmark.