Agreed. Who will put money in stocks if you can get 8% with no risk. The market is what they want you to invest in so I think rates won’t go much higher
Europe this winter could be the financial breaking point. All bets are off, things could get really bad. Contagion will start in the EU imo
The strong dollar is hurting most of the worlds currencies, except for the yen where the bank of Japan is clearly starting a currency war with itself, but in the case of the UK it’s the recent fiscal policy that has the markets doing flip-flops. It was so much action Thursday night into Friday morning that I looked at my phone and it was 5 AM and I had not gone to bed yet. Plenty more excitement to come if this experiment they’re running does not work out. 
What about the Ruble? It’s doing well.
Russia has stop buying UST years ago and that increased tensions between us. Russia is attempting to become commodity based instead of fiat. If you watch Putin’s speeches, he’s trying to deglobalize the USD.
I wonder if the rumors of a military coup in China are true. Could get very interesting.
The people of china def want change. Once a couple dominoes fall it could get very very interesting. the govt censors all media so an organic coup is very unlikely. I would be skeptical of whatever you hear.
Made in the United States of China coming to a store near you
On a serious note, wouldn’t that screw over the US economy if that coup actually happens?
It’s on twitter @ilpapa
source?
10char
The Bank of Japan is trying to save its from the rising USD. Japan holds the most UST and second is China. As far as I can see BOJ is selling their US Bonds for cash, taking the cash to FX markets for USD (valued higher currently), and buying JPY. This is temporarily stoping JPY from weakening. When BOJ or any other country selling UST, it forces yields even higher (yields move inversely to price) This widens the interest rate differentials and paradoxically makes the USD more attractive. This makes the US Fed’s job harder because they want to sell UST but also, so does Japan, China, and Europe in order to defend their currencies. Someone needs to buy something. This is exactly what I was warning before when the Fed announced all these rate hikes- defaults.
If the Fed keeps raises rates:
-USD will continue to strengthen against JPY
-Bank of Japan will need to dump more treasuries to defend JPY
-The more BOJ dumps, the sooner the Fed will have to stop tightening due to the Treasury market being messed up
Rising USD means imports TO the US gets cheaper and exports FROM the US gets more expensive. Japan like Europe imports it’s energy. Because of the Bretton Woods Agreement from WWII, most energy today is still priced in USD, and Russia is changing that. Do you think that US allies are going to tolerate their currency being debased at the expense of a spoiled US nation that doesn’t like their economy being negative? IMO, Japan and Europe might defect from the US and buy energy from Russia with their own currency instead of the US. That will the piss the US off.
Initially, until we manufacture here again. I think the world will be changing drastically into a protectionist economy. We globalized too fast without realizing the repercussions. The wealth that America built in the 20th century was outsourced and/or transferred to the ultra rich. Wage gaps just keep increasing and that’s 100% globalization in effect.
this sentence contradicts the first one.
No it is not.
Invest in cash on the sidelines for now.
Not really. Globalization started later in the century. America got wealthy through manufacturing in the earlier part of the 20th century…
Globalization began towards the end of the 2nd Industrial, aka Technological Revolution, owing to the ease of communication overseas and continental rail travel. We are currently in the Pronoun Revolution.
When new technology comes it comes with a lot of opportunities in business and right now NFT, Bitcoin and all cryptocurrencies are trending so try to invest small money in this era as this is a booming industry.
As usual, twitter and some BS ‘evidence’.
Translation: 8 ball says ask again later.
Bank of England have announced temporary purchase of long-date UK bonds. 
Pound going to 0
