Evercore ISI Chairman Ed Hyman sees an 'insurance' rate cut in July and more to follow as the inverted yield curve is making him 'quite uncomfortable.'
Evercore ISI Chairman Ed Hyman sees an "insurance" rate cut in July and more to follow as the inverted yield curve is making him "quite uncomfortable."
"Every time in the past it has worked...That's a precursor to recession... It makes me quite uncomfortable… but it has to stay this way for another couple of months before it gives a real signal," Hyman said.
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