News for hackers. Stuff that matters.
Re:Trading halted as U.S. stocks plummet by aaronblohowiak on Monday March 09, 2020 @10:12AM (#22525464)
The yield on the 10 year... Now is the perfect time to finance a bunch of govt spending (not that I expect this admin to embrace fiscal policy)
Re:Trading halted as U.S. stocks plummet by travisoneill1 on Monday March 09, 2020 @11:18AM (#22526053)
Right. Borrow $5 trillion for infrastructure and pay <$50 billion / year. That's a positive ROI for sure. Only issue is you would flood the markets and raise those rates, so you wouldn't get all of it, but still a lot. I have always though that the government should act strategically and take advantage of low rates like other market participants.
Re:Trading halted as U.S. stocks plummet by mech1234 on Monday March 09, 2020 @11:25AM (#22526127)
Trump runs huge deficits during boom times. He'll probably run even huger deficits during bust times.
Re:Trading halted as U.S. stocks plummet by dylan604 on Monday March 09, 2020 @11:18AM (#22526052)
This administration has a single minded project that has been a struggle to get financed. It would be a huge coup for them to use this downturn to get it financed without borrowing from Peter to pay Paul. Then again, this is all probably just fake news.