Loading ...It’s really bad that it has come to this but elected officials now know the silent majority is striking back. Pelosi, et. al. , now knows the public can get to them. The untouchables are now vulnerable.
Bond prices continue to erode. If the Chinese feel they have to dump the remainder of their holdings, the Fed will be in a no win situation. All that stimulus has a corresponding debt and interest rates are heading higher. The Fed is probably squirming now. The reset may be coming quicker than we think.
rno