Not a great message for the bond market: Trump says investors in US Treasuries to be forced to pay for the inflation (that was created by the Fed). By forcing down the value of Treasuries.
Which is to say long interest rates are being forced up by Trump. Another reversal of one of his cherished ideas. Perhaps Bibi instructed him on this one, too?
They are going for it. This will be used as cover for the sovereign debt crisis. Bond yields are rising. Scott Bessent is unable to tamp down the long end of the yield curve.
In 2019 there was a repo crisis which rolled into Covid-19. They are winding up that same government/media machine again.
So we are once again back to witnessing all the medical experts on this platform.
Also how it's deliberate and designed to kill us all in the end. One saving grace is it is in Russia which rather impacts its clickbait potential.
Pneumonic plague is largely treatable with antibiotics. Because it is a bacteria. Not a virus.
As ever be informed.
Ray Dalio just said the quiet part out loud.
"If you devalue the money, it makes everything appear to be going up."
The stock market boom is a lie…
What we're really witnessing is the death of the Dollar, not the growth of the economy.
99% of people have absolutely no idea.
BREAKING: President Trump says he will now give a $5,000 “Trump Dividend” to every US citizen if Republicans win the midterms, rather than just US adults.
On September 9th, President Trump said that only US adults would qualify for the $5,000 payment.
There are ~316 million US citizens, meaning the payments would total ~$1.58 trillion.
That is +$350 billion more than the previous proposal.
Seen something similar in southwest Sydney only two people at the auction and no opening bid plus brand new duplex took approx 2 months the let and massive price reduction
I said real price drops in Aust off the highs, is falls closer to -15 to -20%. This shift will take 5 + yrs to settle if your lucky. There's multiple levels of structural declines coming. 1st is policy declines, then the next collapse when majority heads for exit of Aust.
⚠️Australian Private Credit contagion.
We are rapidly discovering that private credit property collateral is lower and more illiquid than expected, and that the levels of exposure between private credit and superannuation funds are much higher than expected.
The Australian property market crash will reveal many many skeletons.
I remember when subprime was ‘contained’, and when two collapsed Bear Stern’s hedge funds were ‘isolated’.
They were in-fact the canary in the coal mine.
https://t.co/ype3SDsUTI
⚠️Australian Private Credit contagion.
We are rapidly discovering that private credit property collateral is lower and more illiquid than expected, and that the levels of exposure between private credit and superannuation funds are much higher than expected.
The Australian property market crash will reveal many many skeletons.
I remember when subprime was ‘contained’, and when two collapsed Bear Stern’s hedge funds were ‘isolated’.
They were in-fact the canary in the coal mine.
https://t.co/ype3SDsUTI