DRUNKENOMICS

Dire Strait of Hormuz


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What a whirldwind of events that has taken place in the last few weeks. Geopolitical tensions surfacing in Iran is certainly causing a shock to global supply chains and energy prices, putting the Federal Reserve (as well as other central banks) ini handcuffs. However, yield volatility in the fixed income markets seem to be hinting at the idea of less visibility moving forward...whatever that's supposed to mean.

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DRUNKENOMICSBy James Goldwater

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