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Closing Hell! 10-year Treasury Yield Surges +11.3 Basis Points And Dow Drop -151 (Biden Never More Optimistic?)
Confounded Interest ^ | 06/14/2022 | Anthony B. Sanders

Posted on 06/14/2022 2:47:57 PM PDT by Browns Ultra Fan

I just read that President Biden has never been more optimistic about the US economy than he is now.

Well, today’s closing bell is not optimistic and is downright bearish.

The US Treasury 10-year yield rose … ANOTHER … 11.3 basis points as rumors circulate that The Fed might actually raise their target rate by 75 basis points.

And the venerable Dow (DJIA) is down -152 points today.

Markets are anticipating an increase of The Fed Funds target rate from 1% to 1.568%, less than the rumored 75 basis point increase being bandied about.

If Biden is wildly optimistic about the economy, then he needs to get out of The White House and talk to average Americans and not people like Robert De Niro.

(Excerpt) Read more at confoundedinterest.net ...


TOPICS: Business/Economy; Food; Government; Politics
KEYWORDS: biden; blogpimp; bonds; inflation; stocks
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Biden is such an a-hole.
1 posted on 06/14/2022 2:47:57 PM PDT by Browns Ultra Fan
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To: Browns Ultra Fan

I just read that President Biden has never been more optimistic about the US economy than he is now.


when your goal is destruction of the US economy..

you would be too.


2 posted on 06/14/2022 2:49:47 PM PDT by cableguymn
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To: Browns Ultra Fan

Yeah, he looks optimistic ...

https://rumble.com/v18gdli-angry-joe-biden-downplays-inflation-then-starts-screaming.html


3 posted on 06/14/2022 2:52:39 PM PDT by TigersEye (Shall not be infringed!)
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To: Browns Ultra Fan

Well, eventually, there’s nowhere to go but up.


4 posted on 06/14/2022 2:52:47 PM PDT by Nathan _in_Arkansas (Hoist the black flag and begin slitting throats. )
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To: Nathan _in_Arkansas

I’m expecting a dead cat tomorrow. We’ll see.


5 posted on 06/14/2022 3:00:59 PM PDT by teevolt
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To: TigersEye
But Trump... he was unpresidential. Right.


6 posted on 06/14/2022 3:08:59 PM PDT by rarestia (“A nation which can prefer disgrace to danger is prepared for a master, and deserves one.” -Hamilton)
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To: Browns Ultra Fan

Property Values Fall Across US, Europe on Bite From Inflation
https://finance.yahoo.com/news/property-values-fall-across-us-145849058.html

Real estate firms Compass and Redfin announce layoffs as housing market slows
https://www.cnbc.com/2022/06/14/real-estate-firms-compass-and-redfin-announce-layoffs-as-housing-market-slows.html

30-year mortgage rate surges to 6.28%, up from 5.5% just a week ago
https://www.cnbc.com/2022/06/14/30-year-mortgage-rate-surges-to-6point28percent-up-from-5point5percent-just-a-week-ago.html


7 posted on 06/14/2022 3:09:53 PM PDT by familyop ("For they that sleep with dogs, shall rise with fleas" (John Webster, "The White Devil" 1612).)
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To: TigersEye

“Yeah, he looks optimistic ...”

Is there anymore to that vid? I happened to be home when he started in this morning, told myself I was going to watch, and 5 minutes in, I couldn’t take the BS, the smirks, the nose rubbing tell (when he’s going to lie), and the stories of his yoot. However, as both of my Grandfathers passed prior to my becoming a teenage (some would say an adult) degenerate, I would like a “good scolding” from Grandpa Joe if there’s any further video. ;)


8 posted on 06/14/2022 3:12:48 PM PDT by Salty Longshanks (T VID)
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To: rarestia

MOM! Grandpa’s kicking the dog again!


9 posted on 06/14/2022 3:17:05 PM PDT by TigersEye (Shall not be infringed!)
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To: Salty Longshanks

Sorry, that’s all I’ve seen.


10 posted on 06/14/2022 3:18:13 PM PDT by TigersEye (Shall not be infringed!)
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To: Browns Ultra Fan

Robert Gates, the former defense secretary under President Obama, seemed to reiterate in an interview that aired Sunday night that he believes President Biden has been wrong on nearly every major foreign policy and national security issue over the past four decades.

From Fox news


11 posted on 06/14/2022 3:18:23 PM PDT by sasquatch
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To: TigersEye

“Sorry, that’s all I’ve seen.”

No worries my FRiend. I’m sure that in the coming days, he won’t disappoint.


12 posted on 06/14/2022 3:21:31 PM PDT by Salty Longshanks (T VID)
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To: Salty Longshanks

Oh, yeah!

Having seen Alzheimer’s up close from beginning to end I expect that one of these days Joetato will drop some verbal doodies that no one can spin.

It will be the most viral video to ever hit the internets.


13 posted on 06/14/2022 3:29:26 PM PDT by TigersEye (Shall not be infringed!)
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To: TigersEye

What is the over/under on days until he accidentally drops N-word or other vicious ethnic slur?


14 posted on 06/14/2022 3:33:14 PM PDT by kosciusko51
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To: Browns Ultra Fan

Biden id taking credit for slowing down the rate of the crash.

Only a drop of 151 today but a drop of over 800 the past two sessions!


15 posted on 06/14/2022 3:39:03 PM PDT by tired&retired (Blessings )
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To: kosciusko51

LOL...but Yes, It will happen eventually, and the 60’s openly racist Biden will visit


16 posted on 06/14/2022 3:41:50 PM PDT by jpp113
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To: cableguymn

when your goal is destruction of the US economy..…
They’re absolutely giddy with delight. Time for the US to come down from that high horse. Americans have been enjoying cheap energy and food for too long.


17 posted on 06/14/2022 3:55:39 PM PDT by griswold3 (When chaos serves the State, the State will encourage chaos.)
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To: kosciusko51

All some enterprising young “journalist” needs to do is say something he knows Biden can hear but won’t be picked up by most mikes in the room.

Like “Cornpop kicked your azz!”


18 posted on 06/14/2022 4:34:22 PM PDT by TigersEye (Shall not be infringed!)
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To: TigersEye

Likewise
I hate to watch this unfold. It’s sad, especially for the USA.


19 posted on 06/14/2022 4:51:39 PM PDT by sasquatch
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To: sasquatch

It’s sad for the whole world because the tide rises and falls by what happens to the USA.
Worse than sad it’s very scary.

I don’t feel sorry for Biden at all.


20 posted on 06/14/2022 5:05:37 PM PDT by TigersEye (Shall not be infringed!)
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