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Bernard Baumohl Avatar image

Bernard Baumohl

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The biggest folly is the belief that lowering interest rates by 25 or 50 bp will do anything to revive the economy, don't ask the Federal Reserve to bail out the economy, because they're not going to be able to do it this time.

Bernard Baumohl
business

To some extent, what's going on with the yield curve has been exaggerated, i would not leap to the conclusion that an recession is imminent.

Bernard Baumohl
business
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