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This is the definition of broken:
In 15 days, the Fed will cut rates for the first time in 2025, yet the 30Y Treasury Yield is now near 5.00%.
We have RISING interest rates as markets "price-in" Fed interest rate CUTS.
Do you realize what's happening?
(a thread)
时政
(
twitter.com
)
由
The Kobeissi Letter
提交
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Having a rank in the system is always better. Here an off duty cop wears her uniform outer court with “Police” on it when waiting for the traffic wardens even though it is a small traffic dispute. Abuse of power comes without accountability and the abuser is very smug about it.
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Having a rank in the system is always better. Here an off duty cop wears her uniform outer court with “Police” on it when waiting for the traffic wardens even though it is a small traffic dispute. Abuse of power comes without accountability and the abuser is very smug about it.
时政
(
twitter.com)
00:00:44