The world is still turning and a very disturbing event out of China just took place as reported by the Wall Street Journal and ZH- A Failed Chinese Bond Auction?!?!
As a result, the Shanghi Composite Index is down 1.2%- VERY UGLY.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago