Monday, November 2, 2020 5:50 PM EST, ZeroHedge
"10 year yields are about to rise significantly and a 100 bps move cannot beruled out. In fact, we think it should be expected."
-Michael Wilson, November.1st, 2020..
Amazing prediction, but let's get real here everyone: Morgan Stanley's current CEO, James Gorman, also CURRENTLY sits on the board of the New York Fed, so it wouldn't be surprising if, you know....
..........well, "sh*t rolls downhill", as they say, and when the stakes are high, there isn't a Chinese Wall out there that can stop it -- not in this universe anyways.
"10 year yields are about to rise significantly and a 100 bps move cannot beruled out. In fact, we think it should be expected."
-Michael Wilson, November.1st, 2020..
Amazing prediction, but let's get real here everyone: Morgan Stanley's current CEO, James Gorman, also CURRENTLY sits on the board of the New York Fed, so it wouldn't be surprising if, you know....
..........well, "sh*t rolls downhill", as they say, and when the stakes are high, there isn't a Chinese Wall out there that can stop it -- not in this universe anyways.