Re: volatility has started.... ICD
lol. why would I bash you? I enjoy correct calls.
i am thrilled you are seeing clearly.
i was just thinking that the FRS returns excess earnings to the US Treasury. But, if they lose earnings trying to support and influence markets, then they are just like every other banker. Speculating with OPM (other people's money). i.e. the taxpayer.
have a good one, g.
icd