Financial Media Has One Goal: Viewership
Client, that has forgotten more science in the last minute than I have learned in a lifetime, remarked, “Why isn’t this on Bloomberg?”
Where you stand depends on where you sit.
For now, Santa still cruising around a bit, but the bond market can torpedo the entirety, that has always been the case. It has simply been the fact that interest rates have remained this low, for this long, that most people don’t know, or have forgotten.