US 🇺🇸 DOLLAR
FINALLY BREAKING DOWN?
🤔 pic.twitter.com/YgJB7Ai6Ce— Win Smart, CFA (@WinfieldSmart) March 31, 2021
US bond yields rise as new spending binge is unveiled. pic.twitter.com/BD95MCfvd7
— Daniel Lacalle (@dlacalle_IA) March 31, 2021
There is no way in which the $2.25 trillion Biden spending plan will be offset by an increase in revenues. It simply does not add up. Furthermore, even the science fiction estimates of tax revenue increase would not cover the rising structural deficit. pic.twitter.com/A2PEosj7LP
— Daniel Lacalle (@dlacalle_IA) March 31, 2021
Biden: "What I'm proposing is a one-time capital investment of roughly $2 trillion…that will be spread over 8 years."
That’s $250B/year.
For reference: The Fed buys $240B in bonds every 2 months and has added $4 trillion to its balance sheet in the past year and a half.
— Sven Henrich (@NorthmanTrader) March 31, 2021
Fed 🏛 Probability pic.twitter.com/2PC5QEkcWM
— Win Smart, CFA (@WinfieldSmart) March 31, 2021
The dollar’s share of global currency reserves dropped to its lowest level in 25 years https://t.co/iyWGCFNStr
— Bloomberg Markets (@markets) March 31, 2021
Yield Curve Momentum suggests steepeners beware pic.twitter.com/djTiQQLJ3A
— J. Brett Freeze, CFA (@Techs_Global) March 31, 2021
The steep keeping getting steeper. pic.twitter.com/JOVmqIpdLO
— Sven Henrich (@NorthmanTrader) March 31, 2021
How it started: How it's going: pic.twitter.com/6qh3Ag3uxu
— Reddit Investors (@redditinvestors) March 31, 2021
Hedgeye… pic.twitter.com/Pz4hPJWoLq
— Karin Richards (@Richards_Karin) March 31, 2021
Rising Interest Rates and Inflation: AIER
“A 5 to 10 percent jump in inflation expectations could be enough to set off a fiscal crisis for the federal government. And a fiscal crisis could be enough to generate a crisis of confidence in the dollar. There are numerous traps to avoid on the road ahead. Yet, monetary and fiscal policy both…