What does "other" in the chart above include? Its the big dog.I think you have a total retard in Trump and a moderate in Biden -so far the FED has not maxed out the credit card creating an illusion that nobody wants to burst as it would signify Putin's victory. The US has Trump andCovid and still the market climbs like a teenager on meth View attachment 239204
MBS has its own category up there, the red line. I was referring to the gray(tan) line that tops out at about 360.The bulk of it is mortgage backed securities- the US has cardboard houses mostly, and as shown in the film 'The Big Short' nothing has changed- these mortgages are often based on fake documents. Mortgages are sold by 'highly motivated' sales people. Nobody wants to stop the music- but it will stop, when we get defaults of 3months +. This time it may make 2009 look tame .
Anyone who believes Trump will do anything he says he will do, is a fool. If you want to know what Trump will do, find out who has spurned him, who he has fought with, who has made him look like a fool, who has told the truth -- that's who he will go after and try to ruin...if Congress lets him, and they have been letting him. Who will he support?: those who give him money, or who help him make money, who help him stay in power, who protect him from prosecution. His decisions are largely driven by consideration of what's in it for him. Inflation is hugely beneficial to Trump. You are already seeing inflation tick up. You will see more if he is re-elected.Trump wins it will tank as he will go after Big Tech for being monopolies