RE:RE:Inverted yield curve Actually, raising the Fed Funds rate primarily impacts short term rates which serves to further invert the yield curve. Further, an inverted yield curve is widely considered to be a final road sign on the way to recession. My interpretation of an inverted yield curve is that we will get less rate hikes from the FED, not more.
braindeadoldguy wrote: Yes Mega, you called it right. This is going to turn fast. I betchya the next rate hike in the USA will be more like 1/2 or 3/4 point, and as usual, the fed is behind that curve, they waited too long, and catchup will now be painful for everyone......................except gold!