McCarthy losing is bad for equity and debt mkts

We're going to bounce to 4295 futures in a day or two, but this is exceedingly bearish.

 

Why? You might get a speaker who will not go along with Democratic spending plans. The bond market might like fiscal conservatism.

 

He’s out now?

 

lol. Fiscal conservatism that resulted in adding $10T to the Debt under Trump and the GOP Legislature?

Shutdown in Nov -> ratings downgrade -> certain recession.

 

Fiscal conservatism when the democrats have the Presidency!

 

OIC so fiscal conservatism only matters to the GOP when they aren't in the WH.

 

Cool. Maybe we'll see some volatility and 5.5% on the 30-year.

 

This is who you are trying to educate.

 

Yes ~ Very bearish time from now . And market goes down too much .

 

Before or after the book burning and science denying?