As someone previously said, this is the official Kamala Harris thread, so why are you still here?
But, since you purport to be a market maven, you know the 10-year yield is back near 4.6% and approaching cyclical highs, a cycle that began in 2021 under Biden, and an unsustainable one at that. Yes, of course it’s telegraphing, but Trump isn’t even POTUS yet.
More importantly, Biden is going scorched earth with his spending on the way out the door, handing out “subsidies” left and right, and the Trump admin is going to have to roll all of that short term paper that Janet Yellen stupidly used to fund a lot of the $2 trillion+ deficit so as to “restrain” 10-year and 30-year yields, and, therefore, mortgage rates. And he has no choice but to roll it to much higher interest rates when Yellen could’ve extended much further out on the curve when it was seriously inverted. Yet, you disingenuously ignore these facts.
You come on this thread. Post on this thread. To question why agip is still on this thread?
With all due respect, (and very little is due), WTF is wrong with you?
As someone previously said, this is the official Kamala Harris thread, so why are you still here?
But, since you purport to be a market maven, you know the 10-year yield is back near 4.6% and approaching cyclical highs, a cycle that began in 2021 under Biden, and an unsustainable one at that. Yes, of course it’s telegraphing, but Trump isn’t even POTUS yet.
More importantly, Biden is going scorched earth with his spending on the way out the door, handing out “subsidies” left and right, and the Trump admin is going to have to roll all of that short term paper that Janet Yellen stupidly used to fund a lot of the $2 trillion+ deficit so as to “restrain” 10-year and 30-year yields, and, therefore, mortgage rates. And he has no choice but to roll it to much higher interest rates when Yellen could’ve extended much further out on the curve when it was seriously inverted. Yet, you disingenuously ignore these facts.
You come on this thread. Post on this thread. To question why agip is still on this thread?
With all due respect, (and very little is due), WTF is wrong with you?
Haven’t been on this thread for a long while, as you know. I’m simply pointing to a glaring weakness of the Biden/Harris administration and very curious as to why agip never addresses it; he just wants to carry on incessantly with how awful Trump is in the “official Kamala Harris” thread.
As someone previously said, this is the official Kamala Harris thread, so why are you still here?
But, since you purport to be a market maven, you know the 10-year yield is back near 4.6% and approaching cyclical highs, a cycle that began in 2021 under Biden, and an unsustainable one at that. Yes, of course it’s telegraphing, but Trump isn’t even POTUS yet.
More importantly, Biden is going scorched earth with his spending on the way out the door, handing out “subsidies” left and right, and the Trump admin is going to have to roll all of that short term paper that Janet Yellen stupidly used to fund a lot of the $2 trillion+ deficit so as to “restrain” 10-year and 30-year yields, and, therefore, mortgage rates. And he has no choice but to roll it to much higher interest rates when Yellen could’ve extended much further out on the curve when it was seriously inverted. Yet, you disingenuously ignore these facts.
so much ignorance....you are a piece of work.
a ten year yield of 4.6% is...fine. 2 percentage points above inflation is right around where the 10 year should be. Totally normal. Not sure why you are freaking out. Certainly the stock market is fine with a 4.6% 10 year. Did you see it was up 20%+ last year? Did you catch that?
Agreed Biden and the congress spent too much the last couple years. They should have pulled back on spending in the good times. But 'scorched earth?' Handing over a healthy, thriving economy is hardly 'scorched earth.' Esp when Bush2 handed over a crisis, Trump handed over a crisis.
finally, if the treasury stopped issuing short term paper or reduced it by a lot, it would probably crash the international finance system. The system depends on hundreds of billions of dollars of dependable short term paper from the US treasury...take that away and the system will freeze up. It's like oil in an internal combustion engine. Your prescription would have other countries flying around looking for short term paper from other nations. In other words, ending the dollar as the reserve currency. Killing the golden goose.
You are a classic right wing talk radio guy. You say 'it's only common sense!' without knowing or understanding enough to make any kind of a wise judgment.
Right. Just as I’m sure the stock market selling off in 2022 had absolutely nothing to do with the ten year yield rising from 1.5% to 4.3% or the trajectory of that rise (or that that rise had to do with massive overstimulus). There is absolutely no correlation between the 10-year and the market. Got it. Thanks for the lecture.
Yep, I agree Bush handed off a pretty horrible situation to Obama, no question. Additionally, Obama handled it about as well as possible, but that put us well on the path to >100% debt to GDP, a figure that eventually, eventually (nobody can possibly know when) will undermine the dollar as the world’s reserve currency. Since you are so concerned about that vis a vis short term financial system “plumbing.”
Btw, there will always be demand for US short term Treasury debt, at the right price. There is always equilibrium between supply and demand. That doesn’t change the fact that it was a cynical and political move by Biden’s Treasury Secretary in an inverted curve environment, a rarity.
Lastly, thank you for acknowledging Biden and Congress spent too much the past couple (few) years. The problem is, as per usual, this fact is just glossed over as business as usual. No big deal. As far as healthy economy torch being passed, consumer credit and used car loan defaults are near all time highs, inflation has not been completely tamed (and it can be argued that genie is out of the bottle in the wake of reckless policy post COVID), and revisions to the labor report show that employment growth is not nearly as robust as advertised.
Yes, the stock market has had two really good years, but let’s be fair, the decline we had in 2020 was a black swan event. Of course we were going to see robust returns. I suspect that “era” is coming to an end.
Biden gave Liz Cheney a Medal yesterday, even though she has proven to be totally corrupt. She, “Bennie” Thompson, and the rest of the Unselect Committee, destroyed and deleted all evidence from their crooked investigation of January 6th. Cheney has the distinction of losing her Congressional seat by the largest margin in History! The people of Wyoming understood how bad for our Country she was, but Biden rewarded her only because she hated “TRUMP.” She’s a Warmonger of low intelligence. All she wants to do is kill people in “Endless Wars,” with no gain other than to defense companies. Liz Cheney, Cryin’ Adam Kinzinger, Bennie Thompson, and the rest of these dishonest Thugs have gotten away with horrible things under the pretense of January 6th. Nancy Pelosi refused to accept the help which was offered for security. She is responsible, and admitted as much, for all to see, on her daughter’s tape. They have destroyed the lives of many people, and are rewarded by getting Biden Fake Medals. This is not America. January 20th cannot come fast enough. MAKE AMERICA GREAT AGAIN!
Biden gave Liz Cheney a Medal yesterday, even though she has proven to be totally corrupt. She, “Bennie” Thompson, and the rest of the Unselect Committee, destroyed and deleted all evidence from their crooked investigation of January 6th. Cheney has the distinction of losing her Congressional seat by the largest margin in History! The people of Wyoming understood how bad for our Country she was, but Biden rewarded her only because she hated “TRUMP.” She’s a Warmonger of low intelligence. All she wants to do is kill people in “Endless Wars,” with no gain other than to defense companies. Liz Cheney, Cryin’ Adam Kinzinger, Bennie Thompson, and the rest of these dishonest Thugs have gotten away with horrible things under the pretense of January 6th. Nancy Pelosi refused to accept the help which was offered for security. She is responsible, and admitted as much, for all to see, on her daughter’s tape. They have destroyed the lives of many people, and are rewarded by getting Biden Fake Medals. This is not America. January 20th cannot come fast enough. MAKE AMERICA GREAT AGAIN!
If this was my message board, I'd moderate just like X. As a libertarian I value freedom of speech a ton and I'd be too lazy to moderate anything that's not clear spam / would cause harm in the form of advertising $.
How do you feel about Trump’s proposed tariff plans?
You come on this thread. Post on this thread. To question why agip is still on this thread?
With all due respect, (and very little is due), WTF is wrong with you?
Haven’t been on this thread for a long while, as you know. I’m simply pointing to a glaring weakness of the Biden/Harris administration and very curious as to why agip never addresses it; he just wants to carry on incessantly with how awful Trump is in the “official Kamala Harris” thread.
Haven’t been on this thread for a long while, as you know. I’m simply pointing to a glaring weakness of the Biden/Harris administration and very curious as to why agip never addresses it; he just wants to carry on incessantly with how awful Trump is in the “official Kamala Harris” thread.
What you think of me matters not.
"matters not"???
Did anyone ever tell you that you are a poser?
Let me be clear - You are a poser.
Hey, stage 5 clinger, nobody cares.
What's done is done… the inauguration is in a little over two weeks and Monday is the four year anniversary of January 6. The only question that remains is, will you guys ever be able to let it go after completing failing to see your culpability in any of it?
What's done is done… the inauguration is in a little over two weeks and Monday is the four year anniversary of January 6. The only question that remains is, will you guys ever be able to let it go after completing failing to see your culpability in any of it?
What's done is done… the inauguration is in a little over two weeks and Monday is the four year anniversary of January 6. The only question that remains is, will you guys ever be able to let it go after completing failing to see your culpability in any of it?
None of that is relevant to me.
Care to post something relevant, poser?
Already did. Of course none of you, especially you, has a decent retort. Just name calling and hanging around this thread. Don’t worry. I don’t come on this one much. I’m not a clinger.
Haven’t been on this thread for a long while, as you know. I’m simply pointing to a glaring weakness of the Biden/Harris administration and very curious as to why agip never addresses it; he just wants to carry on incessantly with how awful Trump is in the “official Kamala Harris” thread.
What you think of me matters not.
"matters not"???
Did anyone ever tell you that you are a poser?
Let me be clear - You are a poser.
"Matters not" is a Flagpole phrase. Are you calling Flagpole a poser?
Already did. Of course none of you, especially you, has a decent retort. Just name calling and hanging around this thread. Don’t worry. I don’t come on this one much. I’m not a clinger.
That’s what this thread is for you cousinlusting trumpkin!!
It is my great honor to announce that Tammy Bruce will be joining our incredible Nominee for United States Secretary of State, Marco Rubio, as Spokesperson for the U.S. Department of State. Tammy is a highly respected political analyst who understood the power and importance of “MAGA” early on. She received her Bachelor's Degree in Political Science at the University of Southern California and, after being a liberal activist in the 1990s, saw the lies and fraud of the Radical Left, and quickly became one of the strongest Conservative voices on Radio and Television. As one of the longest serving News Contributors, Tammy has brought TRUTH to the American People for over two decades. I know she will bring that same strength of conviction and fearless spirit to her new position as State Department Spokesperson. Congratulations Tammy!
