2min chapter

Animal Spirits Podcast cover image

Long-Term Bullish (EP.277)

Animal Spirits Podcast

CHAPTER

The Fed Shouldn't Buy Mortgage Bonds That Are Adjustable

The 30 year UK Government bond went to 5% one day and then down to like Like 3 8 the next day because they stepped in which is just a crazy move. These government bonds should not be moving this quickly Especially if you're someone who is a pension fund investor or retiree Every liability of the government is someone else's asset and these assets should not be trading this violently. The market did rally that day the US stock market rally pretty aggressively And then failed badly To close out the week That was fun Oh, I saw a gas blow through dollars. How about that in New York in New York? It's back above four dollars here but I did see it dip its toe below three

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