Ed Yardeni believes that the sell-off in Treasury bonds reflects widespread worry about the United States’ fiscal policy, particularly the growing federal budget deficits.

Everyone’s waiting to discover the level at which yields spur financial instability. From @kitjuckes this morning: “For now, the FX market is a bystander, watching Treasuries and waiting for them to break something.” — Lisa Abramowicz (@lisaabramowicz1) October 3, 2023 …

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Further Evidence of WWIII – DoD Budget

by Martin Armstrong The Department of Defense (DoD) drastically changed its budget plan. The left is constantly complaining about how America spends too much on defense, and the White House originally decided that there would be around a 2% increase …

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McCarthy needed a distraction from his budget disaster.

McCarthy has just handed all the Jan 6 tapes to several people, including Solomon. Maybe something will happen now. https://twitter.com/_/status/1663979533404389388 Watch: J6 Unmasked: Security footage shows Pelosi evacuating Hollywood-style from Capitol as daughter films https://t.co/YGysHhrKf7 — John Solomon (@jsolomonReports) June …

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