The Bond Market Is a Collection of Everyone

A year ago we were all concerned about supply chain bottlenecks if you recall and the ships in the port of Los Angeles the largest port We're backed up as far as the eye could see maybe 65 ships waiting to unload their cargos When we caught up with jean serroco who's the executive director of the port of los angeles just a month ago The whole waterfront was blissfully free of any supply chain bottleneck. So there's an example where common prevailing assumptions a year ago turned out to be the worst As far as it went right and now it's gotten better so it's very similar with the rest of the u.s. Economy which is everybody