Actual was 20.75. The stock market is going to puke and see margin calls on higher interest rates. Wave 3 of 3 is about to unfold whether or not Yellen agrees. Note that I am writing this and there is absolutely zero news of any rate hike. Last we heard from the fed they will not be hiking immediately.
It's no wonder Yellen is sick to her stomach like that on stage. She is telling horrible lies that directly affect the lives of hundreds of millions of people. The fed cannot raise rates without being blamed for a market crash yet if the fed doesn't raise then everyone will figure out that the fed doesn't control any rates that actually matter to the public. Certainly not 10, 20, 30 year treasury interest rates.
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