First published at 12:25 UTC on October 28th, 2023.
"What's Coming Is WORSE Than a Recession" — Andy Schectman's Last WARNING
"The markets are more powerful than any central bank," says Andy Schectman. There is massive dumping of 10yr and 30yr Treasuries. "You have…
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"What's Coming Is WORSE Than a Recession" — Andy Schectman's Last WARNING
"The markets are more powerful than any central bank," says Andy Schectman. There is massive dumping of 10yr and 30yr Treasuries. "You have a bond market that is losing credibility." The economy and banking system will see a lot of problems due to rising rates, says Schectman. "I think we'll see rates much, much, much higher."
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