Lions and friends…
As I am writing this the MMRI has broken 250.
This is significant, as in the past each time this has occurred the stock market has taken a hit.
It is going to be VERY interesting to see what they pull off here.
Will the Fed. come to the rescue?
Are they going to increase debt purchases?
Is the Fed. going to jawbone the market higher?
Is risk in the market going to prove too much causing stocks fall?
Lets see…
GM
Please God , let Babylon fall !
May the debt be saturated to the max and no more "fix" of easy money be possible .
The 3% of us awake can rebuild after the dust settles just like we did in 1776
Are we finally beginning to witness...."THE GREAT BOND SELLOFF"? 😃
10yr yield daily chart:
https://docs.google.com/document/d/1EPsS3rhlvCrzvM_tvarMa3dgjG8utU5TakcuqF1cH1Q/edit?usp=drivesdk