Lions... Two Things You Should Be Aware Of.
From Greg M
Lions…
Two things are happening.
Global bond markets are still experiencing a significant selloff. The US 10-year yield jumped to 4.73%, before pulling back.
Fed Governor Chris Waller reaffirmed his stance on more 2025 rate cuts.
In my opinion, the Fed. via Waller, is sending a message to the market; “not to worry, more easy money is coming.”
GM
Dumb question but who gets this easy money because I know its not me.
Countries don’t go into hyperinflation because some central banker goes crazy and starts printing money Willy nilly. They occur when they paint themselves into a corner and they have no choice. Any attempt to rain in inflation at this point will produce a collapse that will make the 1930’s look like a pleasant interlude. More inflation is the path of least resistance