Cost Of Carry Likely To Trigger The Next Recession As Entire Debt Construct Comes Under Pressure
Higher interest rates will ultimately trigger the next recession as the entire debt construct will be weighted down by the burdens of cost of carry. And today’s inflation and correlated weakening retail sales data suggested that there’s price sensitivity already at these, historically speaking, still very low rates:
The Fed may find itself horribly behind the curve and this will have consequences.
Disclaimer: Information herein was obtained from sources which Mr. Long believes reliable, but he does not guarantee its accuracy. None of the information, advertisements, website links, or any ...
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