The Feds got closer to going all-in this afternoon - expanding their balance sheet by almost $1.5Trillion. But not a big enough move, per Bill Gross. Boy, things are really getting into Twilight Zone territory
More analysis soonish, but I'm most freaked by how the dollar is in free-fall. A sign of things to come, imho
(PS - no indication from the Feds that the economy is anything other than in continuing free-fall. "Downside risks" accelerating)
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment