I could understand it if its track record was spotty, or partially mixed. But the level of denial runs deep and wide with the yield curve. There is a growing chorus of nonsense, really, which is attempting to spin the flattening as some kind of benign technical rotation that through illogical convolution equals the opposite…
The post Just When You’ve Thought You’ve Seen It All was originally published at The Wall Street Examiner. Follow the money!