Re-acceleration, but for how long?
|Edward Harrison||Apr 25, 2019|
After the Fed overtightened in 2018, it reversed course abruptly. And risk assets have cheered the Fed's volte face with a V-shaped surge to new highs. And, coincidentally (since Fed policy acts with a lag), the economic data have turned up at the same time. In the US, it is the best of times right now. But for how long?
I think I will actually leave tha…