The market is broken:
— The Kobeissi Letter (@KobeissiLetter) October 22, 2024
Interest rates have gone in a literal STRAIGHT-LINE higher since the Fed cut rates by 50 bps on September 18th.
The average 30 year mortgage is about to cross back above 7.0% for the first time since July.
What happened to the "Fed pivot?"
(a thread)
CADD Graphics
Carolina Readiness Supply
Websites
NC Renegade on Twitter
NC Renegade on Gab
NC Renegade on Truth Social
Wes Rhinier on Gab
12 Round Blog
Barnhardt
Cold Fury
DanMorgan76
Defensive Training Group
The Deth Guild
The Feral Irishman
First in Freedom Daily
Forloveofgodandcountry's Blog
Free North Carolina
Knuckledraggin My Life Away
Liberty's Torch
90 Miles From Tyranny
Professor Preponomics
Publius-Huldah's Blog
Straight Line Logic
The Tactical Hermit
War on Guns
Western Rifle Shooters Association
Categories
-
Recent Posts
Recent Comments
- Fred F on Consider Our Representative Republic
- Roth Harbard on Memoir of a narrative received of Colonel John B. Baldwin, of Staunton, touching the Origin of the war
- Priscilla King on On Race
- Steady Steve on The Plan
- Steiner on Consider Our Representative Republic
Archives
Meta
The market dictates interest rates not the Fed! IOW- The tail wags the dog.