Trump's new nickname is 'Dumpster' as in dumspter fire, because the man is literally throwing a lit match into a dumspter filled will timber soaked in petrol. I've mentioned on here before that it became evident that the Fed was losing control of the yield curve after last September's successive rate cuts. Trump has just placed the Fed into an impossible position, and bond vigilantes are going to teach him a lesson that he'll never ever forget. The sad part, is that the Aussie property market is a powder keg, also waiting for a lit match to be flung.
I'm sorry to say, that a whole generation of Aussie are going to be burned alive. Australia is going to have, not a lost decade like Japan following their property bust, but a lost generation when our property bubble collapses.
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