I am stunned that bond prices have fallen this far and fast. One has to go back more than a decade to find these levels.
Stock market behavior is interesting. Investors comb through the ashes through the weekend to find buys for this dip. Then the broader market continues the selloff as valuations fail at the higher interest rates. Meanwhile, gobs of cash sit in money markets waiting to jump back in once the Fed finishes its destruction.
My questions ...
At these interest rates how does the government finance itself without printing money and further crashing bonds?
Any Dems willing to tell us what they would cut from the federal budget? Who you would tax and how much? If the answer is corporations how exactly will that lower inflation?
Stock market behavior is interesting. Investors comb through the ashes through the weekend to find buys for this dip. Then the broader market continues the selloff as valuations fail at the higher interest rates. Meanwhile, gobs of cash sit in money markets waiting to jump back in once the Fed finishes its destruction.
My questions ...
At these interest rates how does the government finance itself without printing money and further crashing bonds?
Any Dems willing to tell us what they would cut from the federal budget? Who you would tax and how much? If the answer is corporations how exactly will that lower inflation?
