Monday, September 4, 2023

tidbits from Mission accomplished ... challenge to Wall St. practices

on Wall St, every does their own predictions & has a different answer, which means that others don't agree with you; in this case, even if you are right, what's the point?

in a highly competitive environment (Wall St.), everyone is running with his/her right prediction ...if everyone got a different answer in a Math class,  who you think is right ..?

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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.