“Interest rates, bond yields in particular, will rise and this is something which nobody at the moment is really expecting. Well there are a few who begin to see it, but, you know, the majority of investment managers assume that the Fed is going to push interest rates lower. Their assumption is, the Fed is actually in control of interest rates … um … I hate to dispute the fact, but they’re not.” Governments Sleepwalking into Debt Trap with Alasdair Macleod, WTFinance (YT), 5.4.2024
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