Wednesday, November 9, 2016

Ten year at 1.95%

Relatibvely bih jump, and it means a 30%  hike in interest expenses relative to the lower bound, 1.5%, which we hit a few months ago.  Thay is about 50 billion new expenses/yr; suddenly appearing.

So, if where is this  mysterious Magic Walrus back in the Swamp protecting Silicon alley? Where is it?  The only guru we are sending back is the 1/35 of an affirmative action Senator, and she doesn't do addin and subtactin.  So, to all the delusionals in Silicon Valley, then Sanchez is your Magic Walrus, try and price that bit of insurance.

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