Transcript: Tom Vaughan: Hello, everybody, and welcome to Wednesday, the S&P 500 was up point 4%. Today, the Fed meetings came out for the minutes from the meeting that happened last month. market responded positively to them. I don’t think there was a lot of new news, there was an awful lot of talk inside
Transcript: Easan Arulanantham: Could you explain yield curve control? I hear people talking about, I’m not sure what it is and how it affects everything. Tom Vaughan: Yeah, yield curve control is essentially a theory, as far as I’m concerned. So far, I haven’t seen it be or heard about it being used yet. But
Transcript: Easan Arulanantham: Greg sent in this question that we broke into three different parts. So the first part is regarding the US debt, it appears the consumers have a relatively low debt level at the moment while government debt is high. Will this not cause a problem? If they keep raising interest rates? Will