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The Bear Traps Record creator Larry McDonald argues Head of state Biden's framework plan will certainly force the Fed right into 'return curve control' by the third or fourth quarter to 'reduce yields and also hold them down,' which weakens the buck as well as 'offers you a boom for assets.' #FoxBusiness
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Biden spending plan to weaken dollar ‘substantially’: Bear Traps Report founder
The Bear Traps Report founder Larry McDonald argues President Biden’s infrastructure plan will force the Fed into ‘yield curve control’ by the third or fourth quarter to ‘suppress yields and hold them down,’ which weakens the dollar and ‘gives you a boom for commodities.’ #FoxBusiness
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FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.
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