Well, now that the Fed has plunged us all $18 trillion in debt, their efficacy is starting to become more clear. Based on the latest GDP figures, the economy has ground to a complete halt and, as I’ve been predicting on my Tastytrade show (and here), the bond bears are returning to their glory.
It all conjures up the real prospect of me hearing, again and again, three words that I crave more than “I love you.” Those three are, in order: Yellen. Is. Screwed.