Friday, August 7, 2020

9/11 vs corona ...

both sad incidents in US history and i call both as attack on US soil ... about 3K people died on 9/11, while 300K people are expected to die in US by the end of the year. both brought recessions to the coutry attacking the mobility. think about it.

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fed left the rates unchanged

2 yr rates drop slightly to catch up further explained by the chief that market has moved ahead raising rates and not waiting for fed action...