Playing hard and fast in a partisan way with the Senate and House rules in an effort to see that some form of “Obamacare” gets passed is waking up more annd more docile American voters. Good! We need a wake up call.
The borrowing and more borrowing is catching up with the US. The safety of bonds may eventually be at stake. Increases in interest rates, the rumors of China seeking an increase over the weekend was enough to send a shiver through the markets….what mext?
I see a time down the road when a severe drop in bond prices will be inflationary and thus support commodity values. When, not yet, not soon, but down the road. We are in for interesting times ahead.
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