No Recession? All Of A Sudden Yield Spreads Are Collapsing - RIA - Real Investment Advice

Is past performance now a guarantee of future results due to the Fed's creation of "moral hazard" in the financial markets?

No recession. That was the recent declaration from Treasury Secretary Janet Yellen, noting that consumer spending, industrial output, credit quality, and other indicators don’t suggest economic risk.… [+7072 chars]

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