Nov 12, 2016

U.S. Economy: What Trump Is Planning To Do Is Impossible

Back in 1980, America was still the World's largest creditor nation so our bonds seemed like a good risk and they were paying a very high rate of interest to the people willing to loan us the money. Fast forward to 2016, if Donald Trump thinks he can pull a Ronald Reagan, if he thinks he can cut taxes and increase government spending and somehow finance that...that is impossible! And the bond market is just starting to show that. (iShares Barclays 20+ Year Treasury Bond ETF (TLT))

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