This post was first published on Patreon on 19 Jun 2018
Since I havent written in several days, there are a number of different threads I want to consider as I post today. So this is going to be a thematic post to connect a few threads into one idea. And that idea is that the threats to economic growth are multiplying.
Some of these threats are ones that can slow growth. Other threats will make growth re-acceleration more difficult once growth slows. I am still looking at this as a 2019 threat, however, and expect robust US growth in the near term.
The yield curve says the Fed may end up too hawkish
The biggest threat to growth is the Fed. I have been writing about yield curve compression for seven months now. I started in November explaining why the flattening yield curve didn't worry m...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.