Powell signals last cut which everyone predicted.
Fed / Government canβt keep these rates up with their sovereign debt levels.
Next pivot will signal the beginning of the doom loop. π 
Discussion
Last βhikeβ
He said last hike?
Already talking the avoided recession.
Most likely building up the pause narrative.
Something will break during the pause IMO and force his hand.
Nothing about these rates are sustainable with that amount of debt.
Show me the doom loop π
"Fed / Government canβt keep these rates up with their sovereign debt levels."
why?
Interest rate burden already passed defense spending.
Government continues to spend into an election year.
Something will break. Thatβs my prediction. They are already racking up backstops with the BTFP
what breaks is inflation and the economy and society
