501 sats \ 7 replies \ @carlosfandango 2 Oct 2023 \ on: Stacker Saloon
A death throes bonfire,
Fed kicks another log on,
the sparks fly upward…
Very timely. I get hypnotized watching the US 10 year treasury yield.
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Hi, 5% - the yield a good greek beer provides without any counterparty risk (except Your hospital shuts down when You need a liver transplantation)
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I wonder if there's a correlation between 10 year yield and average beer's alcohol content.
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Clearly correlated! After a critical amount of beer (works surprisingly well with cheap wine too) You will discover the correlation between the grade of alc and the underperformance of Your portfolio.
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What do you think of the 4.62% yield?
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I watched a video of a wall street trader who is convinced the fed intervened last week to prop it up with major bond buying. If true, that little boost didn't last long.
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I won't put that past them. They tend to prop up the numbers to give the illusion of everything is hunky dory.
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