The 10-year Treasury yield falls below 1.0% for the first time ever in the wake of the Fed's surprise 50-basis point rate cut.
Who was it who said that Powell wouldn't suck The Manchurian President's dick? Free money for the monied class. Swell.
It's the Distribution, Stupid
Essays on topics economics: monopolists, oligopolists, and oligarchs aren't better decision-makers for the society just because they's rich and they ain't the gummint.
Infinite granularity yields infinite complexity.
The 10-year Treasury yield falls below 1.0% for the first time ever in the wake of the Fed's surprise 50-basis point rate cut.
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