Scaramucci: The Bond Market Does Not Like the Spending Bill, It’s a ‘Potential Cataclysm’

COOPER Anthony what do ░░░░░░░░ make of the administration ░░░░░░░░ this particular juncture I ░░░░░░░░ there was a lot ░░░░░░░░ speed in the beginning ░░░░░░░░ lot of obviously headlines ░░░░░░░░ know flooding the zone ░░░░░░░░ you want to call ░░░░░░░░ Now a lot of ░░░░░░░░ winding their way through ░░░░░░░░ SCARAMUCCI Well I mean ░░░░░░░░ a stock market investor ░░░░░░░░ longtime asset manager I ░░░░░░░░ it I think it ░░░░░░░░ a it s proof ░░░░░░░░ the system is sort ░░░░░░░░ corralling the worser instincts ░░░░░░░░ the administration And so ░░░░░░░░ will say this though ░░░░░░░░ the bond market does ░░░░░░░░ like the spending bill ░░░░░░░░ so they want to ░░░░░░░░ that through There s ░░░░░░░░ freight train coming in ░░░░░░░░ bond market And if ░░░░░░░░ see rates back up ░░░░░░░░ 150 basis points it ░░░░░░░░ be terrible for the ░░░░░░░░ terrible for housing And ░░░░░░░░ our small businesses are ░░░░░░░░ to housing 60 of ░░░░░░░░ and that s where ░░░░░░░░ the job growth is ░░░░░░░░ that bill could be ░░░░░░░░ potential cataclysm out there ░░░░░░░░ I think the bond ░░░░░░░░ is telling people that ░░░░░░░░ I do like the ░░░░░░░░ that the courts are ░░░░░░░░ doing to this administration.”