#recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy #credit #interestrates #eurodollar #collateral #repo #yieldcurve #income #jobs The 2-year US Treasury continues to press a fundamental case for the US economy that looks nothing like the last GDP number. Despite an official narrative for a strong labor market, the evidence instead shows serious and growing weakness where it counts the most - incomes. That major deficiency has been masked by the remnants of the supply shock. Now the leftover economy from that era is on a collision course with incomes. Eurodollar University's Money & Macro AnalysisFOMC Minutes September 19-20, 2023https://www.federalreserve.gov/monetarypolicy/files/fomcminutes20230920.pdfTwitter: https://twitter.com/JeffSnider_AIPhttps://www.eurodollar.universityRealClearMarkets Essays: https://bit.ly/38tL5a7