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Kristopher Driver
Bloomberg Television
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Comments by "Kristopher Driver" (@paxdriver) on "" video.
If fed hikes rates from 0 to anything more than zero there will be recession just by nature of cash flows in the money supply. Suddenly borrowing is more expensive and more restricted margin requirements for traders, ergo less leverage and buying than not as rates rise. Treasuries this find greater value in addition to their price appreciation. Nobody should be surprised by contractions
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