Despite the end of the shutdown, the Liquidity Blob remains stuck in the government’s coffers.
Bitcoin is screaming for more liquidity.
The 2-year Treasury yield is screaming for a lower fed funds rate.
But, sadly, the market screams are falling on deaf ears.
It’s painful to watch.
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Replies (4)
Curious how much room you think there is to go down! I’m excited!
Intentionally sabotaging the economy and the people to get Trump out again. End the fukin Fed
What is your view on where liquidity is headed?
“Bitcoin is [still] screaming for more liquidity.”
The FOMC has a long and sordid history of not acting appropriately until it is forced to do so.
1. Too little, too late.
2. Too much, too late.
3. Repeat.
It soon may be forced to act.
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