Archive for March 26th, 2019

Notes From Underground: Is The FED Afraid of Inversion?

March 26, 2019

Last week, NOTES FROM UNDERGROUND left off asking, WHAT IS THE FED AFRAID OF? The most ostensible fears are of a global slowdown coupled with a potentially too strong DOLLAR, which would create the possibility of a new global financial crisis. The world has borrowed heavily in dollars because of the FED‘s zero interest rate policy. Rates were too low for too long.