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The market is on guard after Broaddus reminded us that the day of reckoning when the Fed raises rates is drawing nearer and the rebound in global stock markets is adding fuel to the fire,

Chris Rupkey

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The market is on guard after Broaddus reminded us that the day of reckoning when the Fed raises rates is drawing nearer and the rebound in global stock markets is adding fuel to the fire.
— Chris Rupkey
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There is nothing at this point to suggest that Fed officials will pause.
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The curve inversion is just a temporary phenomenon. It cannot last as the Fed raises rates.
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The key is the stock market reaction.
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The numbers are consistent with the view that the Fed raises rates again next week.
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