D-Day for Fed Fiat Credit System
Economy | Information | History | Online | Facts | World | Global | Money
XLF ETF: https://www.spdrs.com/library-content/public/ETF-XLF_20150930.pdf John Exter: https://en.wikipedia.org/wiki/John_Exter Historical Changes of the Target Federal Funds and Discount Rates: https://www.newyorkfed.org/markets/statistics/dlyrates/fedrate.html
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I followed your trade. Thanks for the tip. ..
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We will never see 6 again. I say they work their way back to 1-1.5% and then the next recession hits. All they are doing now is building cushion to have somewhere to go in the next downturn. My guess is in 1/8th or 1/10th point increments next time around.
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