Friday, March 29, 2019

I guess it is the floods

Kudlow Calls For "Immediate" 50bps Rate-Cut - Signals Imminent Recession


He is probably on a worry about interest charges, rising, suddenly, in spite of recently lowered ten year rate. I am guessing the floods have him worried.  FEMA gave him a potential bill, and he freaked; all those states are Republican territory. Short term rate too high, he needs more leverage on the credit card. Floods, the only recent Black Swan.

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