Wednesday, June 19, 2019

Ten year yield 1.98

Too low , this is a rush to the reserve currency.
Bitcoin is nearing $9300, way too high.
And gold remains near the top of its corridor.

The Fed should have just cut a quarter instead of warning everyone. The risk is the Fed triggers another eight year cycle, no one wants another one of these government cycles.  The consensus is to go ahead and MMT rather than do the same, rotten thing over and over again.

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