"Welcome to United States of Japan."
"Stay alert; things are finally getting interesting."
"The Chairman of the U.S. Fed, Jerome Powell, should understand how supply and demand works, but as a reminder, the less available something is, everything else constant, the more it is worth. Mr. Chairman, your predecessors removed $3.5 trillion of bonds from the market, what did you think would happen to bond prices and therefore yields?"
If these lending markets “freeze” like they did in 2008, it could create a retirement nightmare for anyone who isn’t prepared for the bumpy ride.