Implode-o-Meter News - The Fed is embarking on a path that usually ends with a recession: Rosenberg

Rosenberg added that, "there have been 13 Fed rate hike cycles in the post-WWII era, and 10 landed the economy in recession. Soft landing are rare and when they have occurred, they have come in the third year of the expansion, not the eighth."
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"We are likely just three or four hikes away from the yield on the two-year T-note converging on the five-year," Rosenberg writes, "and that is when the fun will really begin in terms of a more serious discussion for the end of this economic, market, and credit cycle -- 2018 has clouds over it, and keep in mind that every GOP President in the post-WWII era confronted a recession at some point in the first half of his term."

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The Fed is embarking on a path that usually ends with a recession: Rosenberg