reposting this
25/100%
25 = Y
The WHY.
sometimes it caps too early
esp. w/ Q posting late
but
it's also done on purpose sometimes to screw up the armenians (who don't know how to find the new bread)
no FOMC mtg / notes / minutes this week
i get what you're saying
but interest rate hikes come an hour or so before conclusion of their little jackson hole meetings
rates won't go up again until june or august (my guess)
because the money supply is so big after bernanke
they can contract the volume with a quarter percent
plus, there is a critical mass for the base rate
there comes a point if the base rate exceeds, the entire discretionary budget is eaten by interest payments
we'll honor those (unless they give us a reason not to honor them)
they're 1/20th of the debt or 1/15th or so
i don't think it's necessarily even a bad thing to allow foreign investors in our bond market
another note
chinese manf. facilities are paid in US dollars
they exchange them for yuan at PBOC
yuan remains stable within china (even with devaluation on world stage their CPI remains nominal)
PBOC devalues
PBOC uses the dollars to buy gold / treasuries
china manf. facilities earn more dollars and convert to yuan again, repeat
Need to also remain focused on RBG
She has to GO
NOW
She's still making the highest-level decisions for our country
and she's a known traitor (conspiring against the USA with her deal to retire / LL steps up)
it simply falls into the "private" category.
no deals.
she has to resign - and appear that she resigned gracefully.
new justice pick by POTUS = fix broken bullshit
it took about one minute from when he posted until it stopped loading additional portfolio entries via the ajax control
no 503 error
their server literally got overloaded