Good morning. The market remains choppy ahead of all the Fed speak from their annual conference in Jackson Hole, WY. Each business channel is abuzz with each Fed President and what they are currently thinking. The one thing that is consistent is they believe “it is different this time” and that the flatness and intraday inversion of the U.S. Treasury Yield Curve may not be signaling anything. Just so you know, since I have been in this business (May 1987), they always say that, which is ultimately why the curve inverts enough to shut down money availability.
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