as in last few years, it was not going up ... despite Fed trying their best on both Side ... because they are using numbers and not behaviors ... anyway, 2Y is near 5% and market down 6% since Feb high ... inflation staying for long brings valuation down ..!
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give Trump some credit ...
instead of negotiating w/ US, China retorted to devaluing Yuan .. at the expense of Chinese people .. to maintain the country's competit...
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although a quarter point cut is announced which is what was expected, but thinking about about fewer cuts next year ..market dropped 4.2% fr...
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That 40000 smart people working in US govt realized that they should quit before being fired .. .. that the job they are doing may not be ne...
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