The spread between 10 year US bonds and 2 year US bonds is currently at 5 year lows and will likely go negative post the fed rate hike next week. This would most likely cause the US yield curve to eventually invert and is a harbinger of a decelerating/recessionary economy going forward. Will tax cuts save the day? I doubt it.
Billionaire Tanoto Deepens China Investments With $1.5 Billion New Fiber
Plant
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Indonesian billionaire Sukanto Tanoto's Royal Golden Eagle is doubling down
its investments in China with plans to build a $1.5 billion fiber
manufacturing...
8 minutes ago
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