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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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I love it I love it I love it...
Bewildered sheep..
Pimco is saying look to negative interest rates COMING in the USA..
The 10 year Bund is at -0.6%.
US rate are roughly at where Trump got elected in 16.
The FED is going to have to stop waffling about..or the bottom will drop out. Trump should stfu about the FED as politics is now slopping over into the economy...the result is fear and loathing born of chaos.
Today's wild Equity ride falls into my volatility prediction about Equities post 2018. Today's action indicates that Equity sentiment remains buoyant.
The economy is going to return to that BO era growth rate of 1.6 to 2.5% range. If it starts to break lower in the face of CB juicing the world will have bigger economic problems than being in a recession.
Last edited by tabs; 08-07-2019 at 03:01 PM..
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