I kind of felt bad this morning reprinting Peter Tchir's take of the EU summit, I felt , "Well maybe I don't understand this stuff as well as I should". So I reprinted what someone else thought, even though he too was puzzled.
Well the guy who has all the capability in the world of understanding the EU summit just made me feel a whole lot better with one tweet, PIMCO's Bill Gross.
Ok, I feel better, back to business.
Is interest rates about to start going up?
-
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
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