Two market developments are worthy of note today (so far). Gold is up 2.5% (off a very cheap low) and USDYEN and EURYEN have made very significant 1.3% moves down.
Stuff like this scares me. It looks like acceleration in the flight to quality. The ne…
Articles like the one I’m referencing below demonstrate why there are still bubble home prices in certain areas. This particular article also shows how poorly people manage their own finances, and does a good job showing how much the country’s peopl…
And soon it will end. Then what? The Treasury calendar was heavy this week, with 3 and 10 year notes and 30 year bonds auctioned…
