Meanwhile, in other not reported news, dollar delinquencies just hit a new post 2010 high. Is it possible that all of this sound and fury signifying nothing, is merely serving to divert attention away from impending economic implosion? https://x.com/SuburbanDrone/status/1897064066453266902
...some say that Trump 2.0 agenda is to bring down long term rates to help the economy, and the only quick way to do this is to undertake mass layoff and kill animal spirits via tariffs to collapse the stock market in the short term.
...and to be fair, 10yr yields have dropped quite a bit from 4.50-4.60pc a month ago to 4.20pc today
...indirectly forcing the Fed's hand through shock and awe
..yes, he could succeed to bring rates lower and by that route, the US dollar
..except (1) that is at the expense of other nations economy, and it is questionable if US can stand tall on its own when the global economy ex-US becomes mired in recession
(2) the pace of economic decline would likely send US consumers reining back faster than his tax cuts can offer timely relief and earnings growth would decline too and send equity markets backward while foreigners start pulling funds out of the US.
...secondly, a radical desperate policy measure could also well underscore and reflect a vulnerable US banking system that is not well understood, except by the insiders and banking CEOs.
