Edit: Dang it, this was meant to be on the Wealth board. Sorry guys. I don’t start threads here.
The bond market was throwing some serious distress signals. The sell off in the bond market was like nothing I have seen before. It was throwing liquidity crisis vibes in a shocking manner. If that had continued it would have set off a real financial crisis. We dodged a huge bullet.
Panic was setting in about the economy crashing. Which undoubtedly it was.
It’s a theory. And not a bad one but Its not a Fact.
Only Trump and Bessent KNOW.
Remember media reported Trump was a Russian asset and stole the election.
And Trump and Melania we’re getting a divorce. And Trump called dead soldiers at Normandy beach losers and suckers. And Trump raped E Jean Carrol but she doesnt know what day/month/year.
What’s funny is I don’t do bonds or that market but I have a company. Psec. Which is a business development company. Kind of a private bank.
They are heavily tied to and dependent on the bond market. The company isn’t one I’m a huge fan of and they were already having some troubles. And this little stunt really wrecked them.
So I was going to read more j to it and post but didn’t have the info yet. News is moving faster than me these days
It wasn’t canceled. Trump wants to weaken the dollar and force investors into treasuries….thus forcing that slimy shitstain to lower rates so they can refi trillions of dollars printed by Joe.
Liberation Day was April 2nd and wasn't canceled.