The left, led by Senator Elizabeth Warren, is now gunning for the bond markets. It isn't a surprise that all markets, including bond markets, move and change with supply and demand. This is a simple principle that guides businesses, investors, and markets around the world. However, much of the left seems either completely oblivious to this fact or actually intent on leveraging their power to fully disrupt our economy. While political games like this can be entertaining when it is over something simple, playing political games with a market that has a worldwide footprint of over $90 trillion and a U.S. footprint of over $30 trillion is appalling.
The attack is aimed at the Trust Indenture Act (TIA), an obscure law thatRead more
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