Time to get back to work. Fed announced the taper of asset purchasing starting end of Nov. decrease treasury purchases $10b and mortgage backed $5b monthly til about next August barring economic changes (there WILL be changes lol)
you can see the long and short term yields that have been leading the news going up.
you are getting the melt up in the indices before the cliff.
we can all gamble on the long term ramifications - wage and price control next year? I just say that cause we have begun a new era of emergency action that doesn’t require any legislative process. Anything is possible.
buckle up.
midway through paragraph 4 for the nerds…
you can see the long and short term yields that have been leading the news going up.
you are getting the melt up in the indices before the cliff.
we can all gamble on the long term ramifications - wage and price control next year? I just say that cause we have begun a new era of emergency action that doesn’t require any legislative process. Anything is possible.
buckle up.
midway through paragraph 4 for the nerds…
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