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Fitch's U.S Debt Downgrade Was Justified | Danielle DiMartino Booth
Forward Guidance
The Committee for Crucifying J. Powell
Everybody's operating under the assumption that zero interest rate policy is right around the corner and it's going to come save them. But by issuing short term bills now as the treasury has been doing, they're actually paying more than if they issued a 10 year bond because we have an inverted yield curve. If he doesn't get crucified and carried out and hung in front of the echols building, which could happen because Republicans and Democrats are united in their blaming him for everything. He'll make private equity very uncomfortable. Realize these losses as opposed to extending and pretending at infinitum.
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