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Nowhere To Turn
There's nothing you can do.
Just as the Fed has no "good" options at a time when combating the prox
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I’m hoping decent earnings from big tech will keep a bid under equities and lift the price on the 10yr back toward $3.00, at which point I’d be adding to my position.
Biden has somewhere to turn: the “do something” playbook (instead of “blame someone”).
Open up immigration specifically targeted at residential construction. That workforce will live and spend in the US which stimulates the economy and they’ll moderate home prices by providing supply. In small increments (not suggesting Depression/WWII) this could build the infrastructure (better insulation, solar, multi-family) America really needs.