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SPTL - Apocalypse Now: On The Verge Of (Yield) Inversion (Fed) Concession And (Potential) Recession
SPDR Portfolio Long Term Treasury
If you are asking yourself why, all of a sudden, the Trump administration announced that it would delay until December 15 some of the tariffs that were originally scheduled to come into effect September 1, look no further.
Sure thing, avoiding a recession in 2020 as well as concerns over Christmas shopping season are both valid reasons. However, it's as (and even more) likely that in the non-stop attempt to shape monetary policy in the "right way," yesterday brought a major risk to the table - a risk that president Trump was determined to