This has only happened one other time in history...
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Sign up for our free February 19th Presidents' Day Webinar. Visit our webpage for the details:https://www.eurodollar.universityThere are a lot of parallels now and the 1970s - and inflation isn't actually one of them. The whole world saw recession coming in 1979, even that vast majority of those on the FOMC. Except, there was no recession in '79. It's what leads up to contraction that matters, not when it finally gets noticed. Eurodollar University's Money & Macro AnalysisTwitter: https://twitter.com/JeffSnider_EDU
This has only happened one other time in history...