1. When does something really break?

assuming it is a combination of how high fed funds gets above X% for Y # of months.

(e.g.) 2 months above 6.25%

fwiw Most of us were wrong in underestimating how much they could raise rates before something really breaks.

2. Are pension funds hiding how much they are now behind the 8-ball with bonds and stocks down so much the last 14 months?

Reply to this note

Please Login to reply.

Discussion

I'm guessing govt eventually gonna "have to" step in and bailout some pension fund somewhere with 200 billion dollar bailout to prevent non-payment to some police union.