Thursday, October 4, 2018

10/04/18 Thank you Jay Powell Bond Rout

On 09/29/18 I wrote, “Should the 10 year rate jump higher the rout begins and stocks crash.

On 10/03/18 Jay Powell said the economy was so strong that they are considering pushing rates higher than the neutral rate of interest.  And that rates were far below the neutral rate of interest so we have a long way to go.

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