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Inflation Expectations in the US continue to fall. 10-yr breakeven at 1.54%, 5-yr breakeven at 1.34%. Lowest since September 2016. Fed has cover to continue cutting rates.

00:01 - 20/08/19

 

 

Sustained inversions of the yield curve have preceded every recession since at least the 1960s

 

 

The European Central Bank is throwing every tool it has at the sluggish euro-zone economy

 

 

Three Things Gold Isn't

 

 

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