Flattening Yield Curve & Spiraling Debt – What Could Possibly Go Wrong?

All is well in the land of rainbows and unicorns. At least that's the message being floated from DC and their Wall Street handlers. Apparently the economic "recovery" has been so robust that Janet and company at the FOMC have even starting to unwind that massive hedge fund, even if they are doing so at a snails pace. As Professor Anthony Sanders noted, at the current pace of normalization the Fed will manage to unwind the mess they have created in a mere 7 years. Despite all of the rhetoric about tax cuts and economic [...]