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Make Yield Curves Inverted Again! As 3M-10Y Goes Negative, Trump Assails Fed
First thing Friday, we brought you a clip from Donald Trump's 400th (roughly) exclusive interview with former CNBC "money honey" (and current woman who wasn't amused when Trump called her "fake news") Maria Bartiromo.
As alluded to there, Trump became angry with Maria when the normally sycophantic Fox anchor pressed him on his ongoing criticism of the late senator John McCain. At one point, Trump called her "fake news", to which she responded "No. It's not fake news. You just told me."
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where does the 3.1% growth figure come from? Everything I read says it was 2.9%
I’m not sure how to reconcile the calls for long risk against backdrop of economic weakness (especially out of EU) and earnings recession on the horizon. I understand a dovish Fed is good but the level of confidence among analysts is fairly surprising, imo.