From Greg M
I’m fully hedged, let her rip
Unless the Fed loses control (unlikely) they will wait until fall to let the dominos fall so their buddies can be back at their desks and fleece the masses as they always do. Too many partying in the Hamptons right now.
Congress is also on recess, so...
10-YR Bond to 6%
US should be downgraded to junk status. Idiots in congress should have fought back on the debt ceiling increase.
We've have so much money - Good
I’m fully hedged, let her rip
Unless the Fed loses control (unlikely) they will wait until fall to let the dominos fall so their buddies can be back at their desks and fleece the masses as they always do. Too many partying in the Hamptons right now.
Congress is also on recess, so...
10-YR Bond to 6%
US should be downgraded to junk status. Idiots in congress should have fought back on the debt ceiling increase.
We've have so much money - Good