
Latest G10 Macro Rates Blog
With Shayne Dunlap, Co-Portfolio Manager
Take away the punchbowl/Kill the Zombies!
At
a recent meeting with a respected economic research firm, they alluded to the fact that the quick back track by the Fed earlier this year may have
avoided yet another recession and lengthened the economic cycle by a few more years – To which I questioned – “Are Central Banks meant to avoid recessions
or depressions?”