Under Cloudy Skies

On today’s show we are talking about what is happening in the economy. There is a narrative of bumpy landing, to a soft landing, and now more recently, no landing. It seems as if the market is convinced that the US economy is strong and is going to emerge from this deceleration into recovery. The stock market is booming which quite frankly is delusional optimism.

We have seen a rapid increase in long term interest rates for both the 10 year and the 30 year US Treasury. The question is “Why”?

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Host: Victor Menasce

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