With the US 2020 Presidential Election coming up in just about a week’s time, it’s time to have a look at the flawed candidates Biden & Trump, and any potential risks the always-wrong market has created.
Let’s also go over the corruption scandal involving Hunter and Joe Biden, that the mainstream left-wing Communist/Marxist media in the US and the Western world are trying to cover up. No – it’s not a “Russian disinformation” attempt.
Since July 2016, the US Treasury yields (i.e. interest rates) have been steadily climbing, with the trend gaining considerable short-term strength after the election of Donald J. Trump as the 45th US President.
While the immediate market reaction is ascribed to several factors, including market participants expecting a pickup in inflation, as well as increased profits for banks (due to a presumed steepening of the yield curve), these factors are only part of the explanation.
The latest liqudiation wave started in the evening of November the 8th (US timezones), when it started to become clear that Donald Trump was winning the Electoral Vote.
Continue reading Is the 35-year long downtrend in interest rates over?
