As we watch the alleged Federal government shutdown by politicians who crave spending more and more of YOUR money (without cutting spending), we see the same in various states and cities like Chicago, Illinois. Now Hartford CT is in
(Bloomberg) — As traders prepare to underwrite $5 billion of inflation-linked Treasuries on Thursday, they’re as confident as ever that the Federal Reserve’s predicted inflation rebound won’t materialize at any point in the next 30 years. Low inflation, which Fed
The US stock market is boring, to say the least. It just keeps going up like a crazed Energizer bunny on steroids.
Inverted sovereign yield curves are generally bad news. And China’s inverted yield curve is no different. The 5Y to 10Y segment of China’s sovereign curve has inverted … again. But before anyone gets hysterical, the rest of China’s sovereign curve … Continue reading →
The housing construction numbers for September were not great.
The S&P 500 stock market index is near an all-time high. But then again, margin accounts at NYSE firms are also at all-time highs. Meanwhile, brokerage call money loan rates on margin accounts continue near the all-time low
If you are looking for inflation that is seemingly missing, try the US import and export prices.
The Trump/Republican tax proposal sketch is out. 360061522-Republican-Tax-Plan While the hope is that lowering marginal tax rates will stimulate the economy (creating more jobs and tax revenue for Uncle Sam),
As New Jersey rocker Bruce Springsteen crooned, we’re Goin’ Down. According to the Bank of England, household unsecured credit availabilty sank to its lowest level in 10 years.
Listening to CNBC and Bloomberg TV, you might have gotten the impression that Hurricanes Harvery and Irma created such extensive damage (they did) that there would be labor shortages and a big rise in real wages.