Posts Tagged ‘Treasury supply’

Notes From Underground: Jerome Powell, Meet Jerome Kerviel

August 14, 2019

The die has been cast as the U.S. 2/10 curve did the unthinkable. It inverted. This cause panic among the talking heads, who scoured the earth for analysts to give purpose to the bogeyman of bullish equity market pundits. The financial television media interviewed analysts all day, who explained ad nauseam why an inverted curve is truly different this time as it mainly reflects the desire for foreign investors to send their savings to the welcoming shores of the United States.

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