Part 1/8:
Interest Rates Down: The Return of the Growth Scare
Interest rates have shown a significant decline recently, leading to a reinversion of a key part of the yield curve. This phenomenon is creating a resurgence of the 'growth scare', a term used to describe the anxiety surrounding the economy's growth potential. Despite earlier narratives suggesting economic stabilization, indicators reveal that the economy has never truly stabilized. Federal Reserve Chairman Jerome Powell's discussions of stability were based on superficial appearances rather than solid economic footing.