Major 'Unexpected' Issues Just Like The Last Time In '18.

By Jeffrey P. Snider of Eurodollar University

Chief Investment Strategist • Nov 28, 2022 at 9:30 AM EST

Late in 2018, curves were crazy, and the economy seemed to be heading for trouble yet in December the Fed hiked rates anyway.

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Late in 2018, curves were crazy, and the economy seemed to be heading for trouble yet in December the Fed hiked rates anyway. Just a few short weeks later, however, policymakers changed their tune. History repeats because the FOMC is too stubborn to listen to what really matters.

Video Length: 00:19:56

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Disclosure:

This material has been distributed for informational purposes only. It is the opinion of the author and should not be considered as investment advice or a recommendation of any particular security, strategy, or investment product. Investments involve risk and you can lose money. Past investing and economic performance is not indicative of future performance. Alhambra Investment Partners, LLC expressly disclaims all liability in respect to actions taken based on all of the information in this writing. If an investor does not understand the risks associated with certain securities, he/she should seek the advice of an independent adviser.

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