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Capital Wars Are Here
Foreign investors didn't need another reason to be skeptical of US assets. Militant mercantilism, po
As Bugs Bunny said frequently while commenting on Daffy Duck and would surely ahve said about Donald the mega genius who couldn’t get into Harvard: “What a moroon.”
why would treasury yields fall by 100bps
De facto yields for impacted investors. If your yield’s X without the tax, it’s lower with the tax.
ASTI..Another stupid Trump idea, to coin a phrase.
As H as described over and over again, each day is a new level of madness and uncertainty. Who wants to hold what you hoped was a rock solid low risk asset to find out its return is controlled by the driver of the clown car who has absolutely no idea about, well, really nothing but petty revenge. Putin may not be pulling the strings, but if the US president was his asset would he have him do anything differently.
When long rates blow out and crumble asset prices, from stocks to houses to bank balance sheets, Trump will blame Powell.