Stocks continue their sharp decline that began yesterday. Interest rates are on the move higher, and the dollar is down again. Gold is up.
Most notably, rates on 2-year Treasuries have moved up 69% (!) since September from 1.254% to 2.116%.
Everyone knows what I’m rooting for. Let’s bankrupt the US government and be over with it already. I do feel bad for any generally conscientious person who lives off the government dole though. They’re going to be hammered hard.