Huge Market Moves Already Pointing To Substantial Additional Problems And Worries Beyond March

By Jeffrey P. Snider of Eurodollar University

Chief Investment Strategist • Apr 25, 2023 at 8:49 PM EDT

Major buying the curves has pushed them back down to and even below the worst points since mid-March. Markets have never been more certain about what's coming and why.

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Major buying the curves has pushed them back down to and even below the worst points since mid-March. Markets have never been more certain about what's coming and why. Since eurodollar futures are no more, we'll have to depend on 3-month SOFR futures from here on. And right here they're beyond pessimistic.

Video Length: 00:18:08

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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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