Tag Archive for Gdp Growth

Is the treasury sell-off overdone? Sober Look

This is a syndicated repost courtesy of Sober Look. To view original, click here. Reposted with permission. ETF Trends recently published an article called “Treasury ETFs: The Ultimate Contrarian Trade” (here). It seems that from the near-term technical perspective, treasury yields may have peaked. That is certainly possible, as portfolio managers – including some sovereign…

What caused the temporary spike in personal income? – Sober Look

This is a syndicated repost courtesy of Sober Look. To view original, click here. Reposted with permission. The drop in personal income last week got some media attention, particularly given that it was the largest one-month drop in 20 years. USA Today: – Personal income growth plunged 3.6% in January, the biggest one-month drop in…

Businessweek’s “How Europe’s Contagion May Hit the U.S. Economy” Ignores its Benefits to US Economy

Businessweek argues that the European crisis is hurting the US economy. It ignores ignores the fact that European capital flight is driving US interest rates through the floor, and more importantly, directly funding US government deficit spending. Even a small reduction in that spending would result in a stall in the US economy. The US…