“The next time someone asks ‘why is Yellen so terrified of even the smallest possible rate hike’, show them this chart above and explain that the Fed vividly remembers what heppened when LTCM blew up. What the Fed doesn’t want, is not one but one thousand LTCMs going off at exactly the same time in what is now the world’s most levered trade.”
http://www.zerohedge.com/news/2015-03-18/here-why-fed-cant-hike-rates-even-025
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
The Billionaires Club Is Gloomy About the Stock Market
China Bans People With "Bad Social Credit" From Planes, Trains
Man Recovers Camera Footage NYPD Cop Deleted After Attacking Him
How CBP Illegally Tried to Unmask a Rogue Twitter Account
Police Officers Took 1,196 American Lives in 2015
Chris Odom on OpenTransactions
Tea Partier Rand Paul Shows Up Obama on Drug Policy
The Internet Sales Tax: Taxation Without Representation
FBI Director: If Apple/Google Won't Decrypt Phones, We'll Force Them To
Chinese Hotel: 6 Days to Build
Infant recovers from brain tumor after treatment with cannabis oil
The Redcoats Had NOTHING on Today's Local Police
Miss a Little … Miss a Lot
Obama's Response To NSA Surveillance Still Lacking Justification
Google and Viacom Settle YouTube Lawsuit After $100 Million Defense