All things considered, it has only been about 3 months since Trump took office, I feel like there is absolutely no way that this was just a single craze and from here things will even out.
I feel like until 2028 (or maybe 2026?) S&P 500 is going to look like a roller coaster.
What do you think?
Can you explain a little further? I don’t know what you are talking about
The original reply was great, I just want to make it dead simple: if bonds continue to be sold off in these numbers, it indicates investors no longer believe in a future where the US dollar is the international reserve currency. This is very bad if you’re an American.
If you have 20 minutes to spare this video really helped clear it up for me.
It might seem unrelated at first, but bonds will be discussed approx. 5 minutes in, and the preceding parts helps lay the groundwork.
I’d later come to understand this is called Modern monetary theory.