Panic over a 4.70% Treasury yield is pure comedy.
An entire generation of money managers got addicted to the 2008–2021 Fed liquidity drip. They think zero interest rates are normal. They aren't.
It was an artificial anomaly that subsidized lazy capital and lazy bankers.
Look at the actual data. From 1990 to 2008—the most stable era of modern growth—the average 10-Year yield was 5.68% (median at ~5.35%).
We aren't in a crisis; we are returning to historical sanity. Capital finally has a cost again. If your business model requires the central bank to manipulate liquidity just for you to survive, you don’t have a business—you have a charity case.
Easy mode is over. Welcome back to reality.
@LuckyInvest_ARK Glad to see developments like these! Wish many more return back to India and pursue all futuristic and disruptive ideas including AI and catapult India!
@anandmahindra@anandmahindra Perhaps, life comes full circle moment for you. I am as an Indian equally proud of your and Team Mahindra’s achievement. I always doubted Indian automobile prowess and thanks for proving me wrong! 😊
She was persecuted, oppressed, abused and tortured as a child by Muslims in her homeland of Lebanon.
She fled, became an American citizen and since then saving America from Islam.
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