Three yield curve outcomes and grey swans
Edward Harrison | Jan 21 | 7 | 1 |
I am in an even more hopeful mood now than ever. But, at the same time, I still have my worries about downside risks given how euphoric asset markets have been and how mediocre economic data have been. I think that split between hope and risk is a good way to frame this update to my three yield curve scenarios. And so I want to start out with the bigges…