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Eurodollar at Last Chance Saloon
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Eurodollar at Last Chance Saloon

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The Occasional Speculator
Oct 15, 2022
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Eurodollar at Last Chance Saloon
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The strong inflation results (over 8%) for September and the conviction by the Fed to continue hiking Fed Funds AND the massive surge approaching 7% for the 30 year fixed rate mortgage AND the renewed surge in gasoline prices- such news is collapsing the hopes that inflation can roll over once Fed Funds peak at 4%. Perhaps the collapse of hope is partia…

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