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Seeking Alfa: Hail Mary Full of Grace – A Primer On Negative Interest Rates

Maybe Doug Flutie should be head of the Federal Reserve. Flutie’s infamous hail May pass ended up with a touch down.  Janet  Yellen’s Hail Mary is more likely to end up with a safety rather than creating safety.

 

-Currently, economic growth in most of the largest nations is deteriorating, and once again the central bankers are grasping for remedies.

http://goo.gl/wakC99

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