MacroVoices #362 Jeff Snider: Soft Landing or Crash Landing?
Macro Voices
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The German Curve Is Totally Unprecedented Inversion
The German economy seems to have suffered a severe stumble in December. Even though the German government forecasts no recession and has become much more optimistic, they also reported some pretty terrible economic numbers. The shift in the German curve happened at the same time as what we see in other curves, including US treasuries and Eurodollar futures.
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