People turn a countercyclical force which will be stimulative...

  1. Dopey
    8,141 Posts.
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    28/03/19
    15:40
    Post #: 37916213
    People turn a countercyclical force which will be stimulative for a while as the harbinger of recession:
    a) Not because of a drop in rates, or the flattening of the yield curve,
    b) but because of a supply shock, policy shock, or negative imminent investment shock.
    None of these things look likely...yet.
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