PARDON MY INTRUSION, BUT THIS IS IMPORTANT TO UNDERSTAND!
LET'S SAY YOU HAVE A $1,000 BOND THAT PAY 4%
BECAUSE THE 'YIELD' - THE INTEREST RATE GOES UP, YOUR BOND IS
WORTH LESS BECAUSE BUYERS ARE SHUNNING U.S. DEBT!
AS A SIDE ISSUE, THE U.S. DOLLAR IS ALSO LOSING VALUE & AFTER DECADES
OF BEING THE STANDARD RESERVE CURRENCY FOR TRADE - OTHER NATIONS
HELD U.S. DOLLARS IN RESERVE - THAT'S BEING CHALLENGED.
From Ron Filipkowski:
… Rep. Jared Moskowitz (D-FL) to Meidas: Moskowitz: “You’re seeing the bond market go down. The yields on those bonds are going up because no one wants to buy our debt. The stock market is down today because, guess what—we’re back to tariffs. I thought the president learned his lesson, didn’t you? Now we’re raising tariffs on the EU and on Apple again.”
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