Ask Mish

Here is the Fed's own chart that proves every time they raise interest rates, a recession follows:…

Here is the Fed's own chart that proves every time they raise interest rates, a recession follows: https://fred.stlouisfed.org/series/PRIME

3 Responses

  • stillCJ

    Feb 28, 2018

    Here is the Fed's own chart that proves every time they raise interest rates, a recession follows: https://fred.stlouisfed.org/series/PRIME

  • Rayner-Hilles

    Feb 28, 2018

    https://s3-us-west-2.amazonaws.com/maven-user-photos/mishtalk/ask/pY98QOHeFE2eAof6gA5bwQ/PJmc0A4zH0mUkTRc98GyMw That would be because interest payments cause what Ray Dalio calls the debt cycle. [Yes, the fool-to-hold-cash cash-on-the-sidelines man]

  • Rayner-Hilles

    Feb 28, 2018

    I mean we all knows this to be common sense intuitively because that's why the central banks lower interest rates in a recession in the first place.

  • Rayner-Hilles

    Mar 1, 2018

    https://s3-us-west-2.amazonaws.com/maven-user-photos/mishtalk/ask/pY98QOHeFE2eAof6gA5bwQ/9tb3JJHPIU2A9yExgQepjQ

Join the conversation at Mish Talk...