Q&A #170
Treasury auctions have been strong lately. Even the normally pathetic 20Yr today was strong. Will tomorrow’s rate cut be a nothing burger? What do you think about Levenson’s (recent George Gammon interview) point of view and understanding? Jeff you need a real economist not a phd in how the system really works. does the Margin Debt Carry Load really matter? i.e., is the total amount significant to what makes the market function or not function. What will the student loans look like after someone graduates? Is index construction worth our attention for interpreting yields in the secondary market for cash Treasuries? Is Eurodollar Industries going to suspend their 401(k) match like Sherman Williams did? what about the spread between corporate and government bonds. if rates are heading lower, pick up these higher yields now. Two Pringle chips for 50 points once they pop the top? Question, if we get a 25 or 50 cut do you think the markets would selloff for a short while then head back to irrational exuberance?
