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RE: SPECIAL REPORT: Trump Signs Irresponsible Spending Bill, Stocks Dive. Gregory Mannarino
This is the beginning of the end! Greg "The Man" Mannarino telling it like it is.
I have been watching your videos for months now and I believe we are at the cusp of a great disaster. The rising interest rates are going to compound these problems.
Just looking at the DOW from mid-February... It's costing about 100 points in the DOW to suppress the 10-Year Rate by 0.01. So IF their intention is to lower the 10-Year rate to 2.50 could cost the DOW another 3000 points (i.e., DOW 20,500) to get it there. If they want to keep the DOW up, they may have to just let go of the interest rates--should be an interesting Spring/Summer.