The spread between 10 year US bonds and 2 year US bonds is currently at 5 year lows and will likely go negative post the fed rate hike next week. This would most likely cause the US yield curve to eventually invert and is a harbinger of a decelerating/recessionary economy going forward. Will tax cuts save the day? I doubt it.
As Russian Troops Broke Through Ukrainian Lines, Panicky Ukrainian
Commanders Had No Choice But To Deploy One Of Their Least-Prepared Brigades
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The situation in Ocheretyne is desperate for Ukraine. The army was
compelled to deploy the lightly-armed 100th Mechanized Brigade into combat
with a bigger...
36 minutes ago