8.3 C
New York
Thursday, March 28, 2024

Democratic Stocks (And Bonds) Surge On Confirmation Central Planning Works

Courtesy of Tyler Durden

No longer in the twilight zone, the market is now democratic beyond reproach: of the idiots, for the idiots, by the idiots. The 10 Year is at 2.81% and refuses to budge as stocks explode. The catalyst – consumer credit, which came in slightly better than the expected trouncing even as the key source is revealed to be… entirely the Federal Government! In other words, forget Kremlin Joe: central planning works. Oh, and the Double DIP-ression is once again fully priced in.

Note the 10 year-ES divergence. At this point this is a given.

And below is the main change in consumer credit holders in Q2. The main one has been highlighted. (source: the Cave Of Ali Bernbaba and the 40 Wall Street Thieves)

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

157,452FansLike
396,312FollowersFollow
2,280SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x