Kyle Bass on where the global economy is headed: ‘This is insane’

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Kyle Bass on where the global economy is headed: ‘This is insane’
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'We’re the only country that has an integer in front of our bond yields. We have 90% of the world’s investment-grade debt. We actually have rule of law and we have a decent economy. All the money is going to come here' - TuesdayThoughts from JKyleBass

‘This is insane. The Japanese are going to keep going. The Chinese print money like it’s a national pastime today. Europe is going to restart QE.’ That’s Hayman Capital Management fund manager Kyle Bass talking on CNBC Tuesday about how monetary easing is catching fire around the world and will eventually bring U.S. interest rates all the way down to zero.

Expectations are calling for lower rates again in the U.S. next month, following a cut of 25 basis points in July, according to the CME Group’s FedWatch tool.

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