50 sats \ 7 replies \ @siggy47 OP 5 Aug \ parent \ on: The Usual Stimulus Tricks Won't Work This Time Around econ
It really is. I hope all is well with the family.
write
preview
43 sats \ 6 replies \ @grayruby 5 Aug
Oh yes just a follow up test from her surgery in June. Doc says she is healing a bit slower than expected but otherwise all good.
reply
50 sats \ 5 replies \ @siggy47 OP 5 Aug
Good to hear. US 10 year bond at 3.76 tonight. That is a huge sudden move.
reply
43 sats \ 4 replies \ @grayruby 5 Aug
Which central bank makes a statement first? US or Japan?
reply
50 sats \ 3 replies \ @siggy47 OP 5 Aug
US. If BOJ backtracks that quickly it will scare the shit out of the whole world.
reply
43 sats \ 2 replies \ @grayruby 5 Aug
Good point. That would be the quickest pivot in history. Fed will probably try to jawbone the market if it is really volatile this week.
reply
50 sats \ 1 reply \ @siggy47 OP 5 Aug
You probably know by now that I'm a crazy conspiracy theorist. My latest is that Powell didn't cut because it would have looked political so close to the election. If he moves to save the global financial system, who can blame him? He can cut 50 basis points and pump up the market before the election.
reply
0 sats \ 0 replies \ @grayruby 5 Aug
Solid theory.
reply