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Strategist points out a discrepancy between expected outcomes and rates

AlphaSimplex Chief Research Strategist and Portfolio Manager Katy Kaminski spoke to Yahoo Finance Live anchors Brad Smith and Diane King Hall about the interest rates, the inverted yield curve, and the outlook for a recession, adding: “People need to realize that higher inflation for longer means that long-term debt has to reprice. Once I see that, then I think we can start talking about recession.” Kaminski outlines her forecast on the Fed’s interest rate cycle and the implications of seeing a higher-for-longer inflationary environment.

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