Jerome Powell, Chairman of the Fed, talks about the economy, and who saved it...
Read moreIt's Stimulus forever...
Read moreBut there is another, much larger part of the financial markets. And that is the bond markets. You may be interested to know that at last measure the US Bond Market stood at just under $43 Trillion Dollars, nearly 50% larger than the stock market. And unlike the stock market, this number is likely understated. You see bonds are rallying right now. And the price of the bonds are hitting all time highs. Anyone in the bond market currently is quite happy.
Read moreYesterday, Chairman of the Federal Reserve Board, Jerome Powell began the first of his two part testimony before Congress. Yesterday, before the House Committee on Financial Services, today before the Senate Banking Committee.
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