LACY HUNT ON THE US TREASURY LONG BOND Expectations and Disappointments Coming out of 2017, expectations were widespread that a synchronized global expansion lay ahead for 2018. Forward momentum was thought to prevail in Europe, Japan and the emerging markets. A doubling of the growth rate in public and private debt in 2017 over the […]
BLOOMBERG: TRUMP TAX CUTS ARE WHY US BOND YIELDS AREN’T HIGHER The government’s fiscal policies amount to robbing Peter to pay Paul. — SOURCE: A. Gary Shilling, Bloomberg – “Tax Cuts Are Why U.S. Bond Yields Aren’t Higher” — The yield on the 10-year U.S. Treasury note yield has risen 49 basis points since the beginning […]
BLOOMBERG: TRUMP TAX CUTS ARE WHY US BOND YIELDS AREN’T HIGHER The government’s fiscal policies amount to robbing Peter to pay Paul. — SOURCE: A. Gary Shilling, Bloomberg – “Tax Cuts Are Why U.S. Bond Yields Aren’t Higher” — The yield on the 10-year U.S. Treasury note yield has risen 49 basis points since the beginning […]
FED FUND FUTURES DON’T BELIEVE WHAT THE FED IS CURRENTLY “SPINNING” The Fed Funds target rate according to the FOMC members’ median ‘Dot Plot” is UP. The Fed Funds Futures market says down! The markets don’t believe what the Fed is currently “spinning”!
FED FUND FUTURES DON’T BELIEVE WHAT THE FED IS CURRENTLY “SPINNING” The Fed Funds target rate according to the FOMC members’ median ‘Dot Plot” is UP. The Fed Funds Futures market says down! The markets don’t believe what the Fed is currently “spinning”!
THE US$ IS REPLACING THE VIX AS THE NEW GLOBAL RISK MEASURE — CLIPPED FROM: 08-14-18 – “Forget About Turkey: Asia Is The Elephant In The Room” — Back in November 2016, the BIS picked up on a topic we have often discussed over the years, namely the critical role that dollar abundance (or shortage) plays […]
GOLD CHEAPEST RELATIVE TO STOCKS IN 11 YEARS – JUST PRIOR TO FINANCIAL CRISIS Chart Courtesy of ZeroHedge.com
GOLD: THE CHINESE HAVE CHANGED THE WAY THEY LOOK AT IT — SOURCE: 08-07-18 the MacroTourist – Kevin Muir – “Gold: Have The Chinese Changed The Way They Look At It?” — At the risk of alienating all my readers who view gold as a barbarous relic, I am chancing one more post to expand […]
RUBINO: FUTURES SPECULATORS NOW CLOSE TO BEING NET SHORT GOLD – A RARE EVENT! — SOURCE: 08-08-18 DollarCollapse.com – John Rubino – “Another Week, Another Improvement In Gold’s Prospects” — The past few months have added some cred to the “sell in May and go away” rule of thumb for precious metals, as gold’s price […]
