The Baby Boomers were flying high during the wonder years. They looked forward to higher house prices and rising stock prices. But now, after having suffered an $11 trillion loss in stocks and real estate…
April 12th, 2010 | Bill Bonner | 2 comments | ContinuedAll Posts Tagged With: "U.S. Treasury Debt"
Feds Think They Can Improve the Economy by Buying Things Nobody Wants
Reading more closely, we don’t see much reason for the Fed’s optimism. And apparently, neither does the Fed. It is leaving its monetary stimulus program in place for an “extended period.”
March 19th, 2010 | Bill Bonner | 0 comments | Continued
The Story Behind China Dumping its US Treasury Debt
Let’s see, China is cutting back on US debt purchases. So is Japan. And so are the big bond funds, such as PIMCO, the biggest in the world. Who will buy US bonds?
February 19th, 2010 | Bill Bonner | 0 comments | Continued
A Simpleton’s Trade: Sell US Stocks and Buy Gold
Only an economist would dare to look 10 years ahead. Only a fool would put money on it. Today, we do both.
January 25th, 2010 | Bill Bonner | 19 comments | Continued
Homebuilding Goes Down While Economy Gathers Strength
Meanwhile, the news two days ago was that homebuilding took a dive in October. Work began on 11% fewer houses than the month before.
November 20th, 2009 | Bill Bonner | 1 comment | Continued
Finding Assets that Out Run Inflation as Bond Yields Move Up
The week began with your editor wondering how the bond market would choke down another $81 billion in U.S. Treasury debt. On Monday, it swallowed $40 billion in three-year notes with gusto, and even belched in satisfaction. Demand, analysts said, hadn’t been that strong since 1990-when the bond vigilantes used the bond market as a weapon to discipline government spending.
November 13th, 2009 | Dan Denning | 6 comments | Continued
A Merciless War Between Inflation and Deflation
The rally itself is a part of a larger battle between two contradictory body parts – the heart and the mind. The heart wants to believe that the worst is over. It reacts sentimentally, remembering the glory days of the great bubble era and wishing they were back.
May 29th, 2009 | Bill Bonner | 1 comment | Continued
China Stepping Up Purchases of U.S. Treasury Debt
Is the rally still on? We’re not sure. Yesterday, the Dow fell 83 points…after a weak bounce on Tuesday. We expected the rally to last until June and to take the Dow back to the 10,000 range. But anything could happen.
April 24th, 2009 | Bill Bonner | 4 comments | Continued
