Coverage Universe - Weekly Price Changes Nov 24-Dec 1, 2017
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Lesson from History - Earnings: T, BCE, RCI.B, SJR.B, BRE
There appears to be nothing in the way of central banks increasing interest rates, except history.
Since the mid 1970's, until Janet Yellen's tenure, every time a central banker raised interest rates, creating an inverted yield curve, it was followed by a substantially greater decline to get markets back on track. An inverted yield curve is when short term interest rates rise above long term rates.
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