Welcome back to my weekly educational video! Inflation is here! Yes, but the market knows it... +
A brief global macro overview (this time with decent audio quality!) +
Who's buying bonds at these yields? Japanese investors!
Japanese investors buying US bonds because theyve seen this story before. FED gunna buy the entire bond market while boomers sell out and millennials don't touch them. Japanese investors gunna ride the FED wave to 0% interest rates. That currency gunna be worthless tho...