Dear Reader (or at least the ones with Wi-Fi in their fallout shelters),
Well, that was a great tweet to get the weekend started.
From the article in the Wall Street Journal, not The Onion: “Strategists at Nordea Markets estimate that in the unlikely event of ‘a potentially uncontained military conflict’ in which global superpowers like China and Russia get involved, the European Central Bank would have to implement ‘highly dovish forward guidance’ and the yield curve would likely flatten due to weaker risk appetite.”
Oh, well, as long as the ECB will be issuing “highly dovish forward guidance” as the rest of us drink glowing ...
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Jonah Goldberg
Dear Reader (or at least the ones with Wi-Fi in their fallout shelters),
Well, that was a great tweet to get the weekend started.
From the article in the Wall Street Journal, not The Onion: “Strategists at Nordea Markets estimate that in the unlikely event of ‘a potentially uncontained military conflict’ in which global superpowers like China and Russia get involved, the European Central Bank would have to implement ‘highly dovish forward guidance’ and the yield curve would likely flatten due to weaker risk appetite.”
Oh, well, as long as the ECB will be issuing “highly dovish forward guidance” as the rest of us drink glowing ...
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