This is why I told you in March to listen to Lael Brainard. She makes the intellectual case for inverting the yield curve

Back on March 1st, I told you to think of "Lael Brainard as the catalyst for Fed regime shift". Here's why:
Back in late 2015, she and Fed Governor Dan Tarullo expressed caution about raising interest rates. And as the Fed increased the Fed Funds rate, their cautious stance became Fed policy. Then i...


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