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Fed Fizzle - Resubstantiation Rally Hot Take Fails 6/16/21

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6 minutes ago, DrStool said:

Jeeze Jimi. Bosnia is a tinderbox right now. Get the hell out of there as soon as you can. 

I thought that Bosnia was a gentle region full of green rolling hills and simple folk who work together in total harmony with both nature and each other. 

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3 minutes ago, JonLaw said:

I thought that Bosnia was a gentle region full of green rolling hills and simple folk who work together in total harmony with both nature and each other. 

That‘s Ireland 😇

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8 minutes ago, MisFit Kid said:

Aw yes 7.5% 10 Yr. (who would take that now?) (another down day for 10 yr yields)

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"In 1973, inflation tripled, from 3.9 percent to 9.6 percent. The Fed only doubled interest rates from 5.75 to a high of 11 points. Inflation continued to remain in the double-digits through all of 1974, lasting until April 1975. The Fed kept raising the fed funds rate to a peak of 13 in July 1974, and then dramatically lowered the rate, reaching 7.5 by January 1975."

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18 minutes ago, DrStool said:

This is brutal. Reminds me of July August 1974. 

I was riding my Schwinn Stingray around with pals, wondering how to secure $0.25 to buy a Marathon Bar. 
 

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