Posted on 05/28/2014 6:46:27 PM PDT by Kaslin
The US treasury market is not in sync with the widely held belief the economy is growing stronger. A single chart clearly shows what I mean.
Yield Curve as of 2014-05-26
click on chart for sharper image
The above chart shows end-of-month closing values except for the current month which is up-to-date.
Legend
If the US economy was really strengthening, the long end of the yield curve ought to be rising strongly.
So why isn't it?
My take is the economy is poised to decelerate, not take off as most seem to think.
Amusingly stated and oh, so true!
Perhaps if we find the economy we might find flight 370, and Elvis. Those are 2 other things that have been rumored to be found that have yet to turn up.
CC
It reminds me of Stalin's Soviet Union coming out with a new five year plan every year.
Elvis is in Michigan.
Mortgage rates dropped a lot today.
shush! you'll blow his cover and he'll have to find another Burger King to work at!
CC
The Bond market is being manipulated. It is no reflection of reality. The US is effectively printing money to buy bonds and keep interest rates artificially low. No doubt this is causing a lot of inflation.
More in this video.
You have to go a ways in to get the bond stuff. This guy is not just another alarmist. He has credentials. Read the info given in the Thread.
Other than here in Texas and the DC suburbs, t’ain’t so.
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Well, there’s other places too. Louisiana is picking up some enormous investments; there are number of places with booming oil production like north dakota. and also big sections of western pennsylvania, northern west virginia and eastern ohio. for oil production New Mexico is doing well too, as are oklahoma, wyoming and colorado.
I’ll bet a lot of the other mid continent states are doing well too because food prices are generally pretty high. On the coasts the big stand out is san francisco down to san jose where business is just booming and real estate is hollywood expensive.
Other parts of the country are not doing so hot and that’s what’s keeping numbers low.
Bottom line: there’s just too many parts of the USA economy going really well for any kind of serious or sustained decline. However, current federal policies are so onerous to business that there won’t be any sort of big jump in business either.
Honest to God, I have no idea how the economy hasn’t imploded already.
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US oil production is rising way too rapidly for anyone here or abroad to lose any kind of confidence at all in the USA. This rise in production is the real deal too. It changes things in a big way.
if its strengthening... please pin point the measures that are making the dollar stronger or the business environment more appealing? is manufacturing returning, while minimum is going up 50% and healthcare tripling?
sorry. the smart money can spot bullshit a mile away
What makes our dollar so valuable? Is it based on the currencies of the countries who hold our debt? How about on the trillions that have been sunk into the markets/banks with the QEs? Money used to be backed by actual commodities - what is our dollar based on today that makes it so dang strong that it doesn't matter if we keep producing less hard goods?
What evidence caused that widely held belief?
Obama wants you to believe that he can centrally plan the nation's health care delivery system better than the market based health care delivery system but where is the evidence?
Obama wants you to believe that he can centrally plan the global climate but where is the evidence?
Surely such a bold administration would be capable of centrally planning the economy but where is the evidence?
If you want a real adventure answer this question:
what made the recession that ended in June 2009 the GREAT recession by 2013?
I sure hope the economy is stronger than a 1% contraction.
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