Bloomberg Intelligence’s Eric Balchunas argues further US rate hikes would hurt financial assets and the economy. He says surging government interest payments are already the second-largest federal expense, and adds Trump is unlikely to back more increases.
published
Bloomberg Intelligence’s Eric Balchunas argues further US rate hikes would hurt financial assets and the economy. He says surging government interest payments are already the second-largest federal expense, and adds Trump is unlikely to back more increases.
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Took $1.20 profit on the remaining Puts on the Strangle - holding the Calls now
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