
← Creating Richer Lives22 aug · 25 min
The Worry List Is Long and Stocks Keep Going Up
The Worry List Is Long and Stocks Keep Going Up
Long rates hit their highest level since 2007, the national debt topped $40 trillion, and Treasury Secretary Scott Bessent announced he's doubling long-dated bond buybacks. Karl breaks down what that move actually is (hint: it isn't QE), why it looks a lot like 2011's Operation Twist, and why the 10-year is higher now than before the announcement. Plus: gold's rebound, Bitcoin's big week, and why earnings growth is the one thing holding this market up. He closes with a reminder that risk management still matters, even when it feels unnecessary.