TSX:AX.PR.E - Post by User
Comment by
DZtraderon Jul 05, 2024 12:05pm
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Post# 36119843
RE:Unemployment spikes after first cut
RE:Unemployment spikes after first cut
Without getting into a snit here, the yeild curve (2's/10's) had been inverted now for over two years. That is likely a record if I am not mistaken. I believe the U.S. is headed for a recession, the question becomes how deep it will get. As for the market, I have been on record months ago suggesting we run into the election, after which when debt reality finally sinks in there will come a reckoning and I believe we soften from there.
In the event of silly comments, I will be working on my docks and thus won't reply, hoping thats not the case.