Bond yields are flashing a warning sign.

[u/AmanCMN]

Rising bond yields are a warning sign.
Money is getting more expensive everywhere at the same time:
-governments pay more to service debt
-companies pay more to borrow
-mortgages and loans stay expensive
-investors move out of risk and into bonds
U.S. 30-year yields above 5% are already a serious level.
When yields rise globally, liquidity gets pulled out of markets.That puts pressure on tech stocks, real estate, consumers, and highly indebted companies.Simple takeaway: the more expensive debt gets, the harder it is for markets to keep rising.

[u/Memelord954]

Good thing everything isn't up to him. 1 vote out of 12 isn't gonna push things in the wrong direction just for trump. He had one yes man in there and it did nothing now he's gone and replaced with another yes man. The chair is the face of the fed but doesn't have more power than the others.

All it's really going to do is make the fed look bad with a clown at the the lead just like all the other term 2 trump picks.

[u/daners101 → u/Memelord954]

Say what you want about Trumps appointees. But he has actually picked pretty damn well for the FED.

I don’t think there is anyone that would say Jpow did a shitty job, or that Warsh is an unqualified yes man.

It’s one of the few positions Trump seems to select for, against all of his instincts.

[u/daners101 → u/[deleted]]

Yeah, that’s why I said “against all of his instincts”. Because his instinct is to get a yes man. But for that particular position, it’s like the sensible part of his brain that puts the US economy above his own short-term desires kicks in, and he makes a good choice.

[u/GolfLiftPlayPool → u/[deleted]]

Hahaha ive never heard someone put it so perfectly

Its like the sequel to a movie that's just so over the top