HAS THE FED F&@KED UP?

This is a free preview of a paid episode. To hear more, visit www.russell-clark.comHas the Federal Reserve fucked up? Markets were a bit unsure of what the decisions would be from the Federal Reserve. Looking at monetary policy history, they would have seemed wise to pause interest rates increases. Looking at the US bond market, with it deeply inverted, this has typically been seen as a sign of “over-tightening” by the Federal Reserve. The 2 year to 10 year spread is its most negative since the 1970s, and previous bouts of yield inversion have preceded financial problems.And if you look around, there are loads of indicators that show the economy is beginning to roll over. (Become a paid subscriber here, or subscribe to www.jarrettclarkracing.com for a 7 day free trial to keep reading)