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x-Fed Chairman Alan Greenspan: 'We are in a bond market bubble' that's beginning to unwind

Uglytruth

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#1
https://www.cnbc.com/2018/03/01/ex-fed-chair-greenspan-we-are-in-a-bond-market-bubble.html

Ex-Fed Chairman Alan Greenspan: 'We are in a bond market bubble' that's beginning to unwind

  • "As real long-term interest rates rise, stock prices fall," but that's probably not the cause of the wild market swings, Greenspan tells CNBC.
  • "The last few weeks are responding to the good part of the tax cut," he says.
  • Greenspan says he's optimistic about growth in the short term due to the new GOP tax reform law.
 

andial

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#5
Scummers who own his country want bond rates to go up to feck up Trumps economic plans.
 

Usury

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#6
Yeah I question how much they can really increase rates...otherwise debt becomes unmanageable. Unless there’s significant inflation to go with it, look out. And other polices designed to strengthen Dollar don’t seem like that’s the case.

Who knows...may be time to get all in AU and cash.