1/2 From WHO's Global Preparedness Monitoring Board - 2019 Annual Report. "Should countries, terrorist groups, or scientifically advanced individuals create or obtain and then use biological weapons that have the characteristics of a novel, high-impact respiratory pathogen..."
In 2024, the Powell Fed cut 50bps 2 months before the presidential election with core CPI at 3.3%
In 2026, the Warsh Fed hikes 25bps 2 months before the midterms with core CPI at 2.4%
Si hubo un momento histórico en el mundo de la música, ese fue cuando Depeche Mode cantó en la azotea del Worl Trade Center. Un minuto de silencio por todas las victimas que muerieron en este lugar hace 25 años.. and enjoy the silence.
We are deeply saddened by the passing of former Commissioner, Emma Bonino.
Her legacy is marked by her dedication to making the world a more just and compassionate place.
Our condolences to her family, friends, and colleagues.
30 year Treasury yield is now 5.3%.
I have $1.2M available in assets.
Put the entire amount into 30 year Treasuries.
Collect $63,600/year.
My annual expenses are $55K.
The interest covers my lifestyle.
Why am I still running for a paycheck?
It’s funny. People think the 10 year bond yield is so high and it must collapse.
The reality is it’s just drifted back to normal levels following the great GFC deflationary crash and QE.
Rates are simply normalizing back to historic levels.