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David Rosenberg, Summer school for Fed. Reserve members, eh? What about those interest rates?

catch22catch22
edited June 2016 in The Bullpen
IMO: This may only last for a few months, perhaps into the end of this year; or longer than we might imagine today. I'm sure the Fed. members will remain publicly vocal, if only for the glow of ego.
Uh, the "this time it is different" model does not fit into some economic policies and those who studied the same in the 1970's.
Don't throw your investment grade bonds under the truck just yet.
NOTE: for the week, XLU = +2.6%, LQD and IEF = +1.3%, and EDV = +3.7%

http://www.businessinsider.com/david-rosenberg-warns-of-recession-2016-6
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