### Comment:
That sounds very efficient and logical. But TLT will be up either way. If there is no cut I think a lot of that money coming out of SPY will go into TLT. All that matters in bond coupons now is if its positive or negative. TLT already pulled back this month and still has yield meanwhile 🥭 is literally asking for neg rates.

### REPLY:
If mango man had his way, we’d be printing money to subsidize his supporters and inflation would be 20%.

### END.