(Telegraph) Ambrose Evans-Pritchard: the Fed will have to reverse gears fast if anything goes wrong
[The data in the economic background paints]…a very murky picture. This is the first time the Fed has ever embarked on tightening cycle when the ISM gauge of manufacturing is below the boom-bust line of 50. Nominal GDP growth in … Continue reading (Telegraph) Ambrose Evans-Pritchard: the Fed will have to reverse gears fast if anything goes wrong
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