Loading ...Although down 10% is pretty hard over a 7-day period. Rates have come back to near flat. Weird.
Ipso – another brilliant move to purge the woke, DEI generals and admirals. I thought Hegseth was an interesting pick for Sec. of Defense. Although it may also be genius because he most likely is acquainted with many of the more junior officers. The troops will follow the junior officers if push comes to shove. Hopefully it doesn’t but it’s possible that Trump may need the military to help him clean-up DC.
Love his picks so far.
Bottom line: this is a long way from the Fed’s mandated 2%, and it’s moving in the wrong direction!