The 10 Year Above 2.9% and The USD Moving Higher
The main focus on the moves in the markets today is the 10 year yield. Popping above 2.9% there was some better economic data out of the US that is contributing to the rise in yields. Chris Temple joins me to discuss the moves in yields today as well as the pop in the US dollar as we were recording.
Click download link to listen on this device: Download Show
Click here to visit Chris’s site for more market and company comments.
The Fed is walking a fine line.
The National debt is too high and interest costs will cripple the country at normal rates like 5%.
But China and Russia are not buying treasuries and won’t unless and until interest rates are overwhelmingly attractive.
We are in end stages of a crack-up boom; look out Zimbabwe, here we come.
The only difference is that the American Empire has been the biggest in history.
The US Dollar is still a reserve currency.
But as Empire dies , so will the currency. Probably not in my lifetime, but I’m old and getting older by the day.
The most concerning thing, despite all other countries having inferior financial system compared with the U.S., is that their is no political desire to attempt to solve the debt bomb problem.
I like Rick Rules analogy.”The U S is liquid not solvent.”
Very true — if you told ANYONE a generation ago that we’d soar past $20 trillion in national debt, almost all of them would have said either 1. impossible or 2. That would send America back to the Stone Age. But here we are. . .
there not their
If one assumes that Central Banks realize what they are doing, one has to assume an intent to crash the economic systems.
IS THIS A DESIRE TO GAIN TOTAL CONTROL via cashless sytem?
is it a government desire to go to a Cryptocurrency system, making it easy to go to a controlled taxation system?
http://sarahwestall.com/wp-content/uploads/2018/04/Decentralized-Cryptocurrency-Nightmare_1.0.pdf
The goal of the NWO /Rothschild…….is to gain total control……..Satin’s goal is the same
Uninvestable markets. Too true.
Two Temples in one day…………………..
Whats this ?
Buy one get one free !!!!!!!!!!!!!…………………Just kidding, ha ha.