Honest "FED'S POWELL SAYS FED'S OVERARCHING GOAL IS TO SUSTAIN THE EXPANSION."
FF futures pricing in zero probability of a hike in 2019 and CUTs in 2020 ...
Tell your US friends to refinance their 30-year mortgages to reduce payments and free up income.
a) The largest options market in the world is US fixed-rate mortgages (borrowers buy the option),
b) Owner's Equity in real estate is at all-time-highs and rising at $1T/yr3),
c) Mortgage rates are near 1-year lows,
d) Mortgage interest is tax still deductible.
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Italy officially in Recession, page-12
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