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Kristopher Driver
Bloomberg Television
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Comments by "Kristopher Driver" (@paxdriver) on "Fed Decision | Bloomberg Surveillance 05/01/23" video.
Whaaaat?! We're not even going to ask Schwab about their tenuous duration risks??? Lol come ooon guys!
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This is why I've been saying on the record for several years that there's no such thing as a "strong economy" when rates above 2% collapse the financial system - the highest paid and least productive contributors to the entire economy. There's nothing strong about that, but they parroted USA economic strength for like 7 years even during QE. It's mind boggling.
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As if Britain didn't spark the rate hike warning for us all ahead of time... 🙄
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