The Next Stage In Western Civilization Dawns By Russell Clark of the Capital Flows and Asset Markets substack A lot to take in, and think about, but here are are collection of thoughts. It always seemed clear to me that whoever won, the US deficit was not going to shrink. With the US 30 year treasury yield spiking back to 4.6% the market knows this as well. Why investors have continued to be bullish on TLT remains a mystery to me. Shares outstanding in TLT US should really be falling, not rising, but old habits die hard I guess. The… — Continue at ZeroHedge News : Read More
