Posted by DigiNomad on 5th of Apr 2024 at 01:43 pm
They have to print to cover their losses. So yeah, it's bullish
for inflation, which is bullish for equities.
They bought a crap ton of treasuries, parked them on their
balance sheet and said it didn't affect taxpayers. Then, of course,
inflation spiked and bond prices crashes (yields rose) and they
were holding the bag. We're actually holding the bag.
Basically injury on top of insult (the insult was the
gaslighting where they told us that it wouldn't affect
taxpayers).
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They have to print to
Fed reports record losses (they had never had a loss ...
Posted by DigiNomad on 5th of Apr 2024 at 01:43 pm
They have to print to cover their losses. So yeah, it's bullish for inflation, which is bullish for equities.
They bought a crap ton of treasuries, parked them on their balance sheet and said it didn't affect taxpayers. Then, of course, inflation spiked and bond prices crashes (yields rose) and they were holding the bag. We're actually holding the bag. Basically injury on top of insult (the insult was the gaslighting where they told us that it wouldn't affect taxpayers).