This chart of US Treasury performance is from Bank of America's latest global research report.
Look at the title, lol.

This chart of US Treasury performance is from Bank of America's latest global research report.
Look at the title, lol.

Who is holding on to these?
Bag holders?
your grandpaโs 401k
Banks, pension funds etc.
Like 90% of the worlds countries, companies, pensions, municipalities, social security trust, fund managers, housing/mortgage companies and on and on.
I'm guessing this is adjusted with "official" inflation numbers?
Ouch!
Lol
The title is funny, but I feel sorry for people who listened to financial advisors shilling the standard 60/40 portfolio.
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Nothing stops this big print.
The big print? What does this chart tell you?
Well, that's something.
๐
Savage ๐ซ
๐๐คฃ๐งก๐
๐ ๐ ๐ ๐๐๐๐คฆโโ๏ธ
I was Chokepointed by BofA last year. They seized my funds in both BofA and Merrill Lynch for five hours for the โcrimeโ of wiring funds to my Kraken account. Nice to see they seem to be acquiring a sense of humor. Nothing stops this train on its way through Broken Money to The Big Print (gotta plug both great books LOL)