Thursday, March 10, 2022

US inflation hits 40 year high ...

Thanks to Corona and it's aftereffects stupidity of handling 
ECB raises inflation targets to 5+% coupled with lower growth .... remember 70s.
But crude down 12% due to news on Ukraine 
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treasury plans to buy long term US debt to replace it by short-term debt

10y rates dropped by a point .. and stocks rise ... aka market manipulation and perfectly legal as done by US govt.