If it turns out that a number of overseas economies mimic the very strong economy now being reported by Korea, we could be looking at a surprisingly steep upturn in Treasury bond yields later this year. |
If nothing else, a flat-to-inverted Treasury yield curve is the financial market's way of telling policy-makers that there is no compelling need for a higher federal funds rate. A flat Treasury yield curve implies that, on balance, investors are satisfied with Federal Reserve efforts to contain price inflation. |
If the Fed only (cuts by half a percentage point), it risks putting downward pressure on equity prices, ... The Fed is dealing with the unknown of how much more pervasive stock ownership is today. |
If the government's so smart, then why haven't corporations done this a long time ago? Corporations have actually stepped up 30-year bonds because they think they will minimize borrowing costs over time. |
indicates strong demand for home purchases that will lend a boost to housing activity for the foreseeable future. |
Investors do not believe that the Brazilian crisis will spread up to Mexico and thereby present a very real danger to the U.S.. |
is in no hurry to go ahead and increase interest rates. |
It gives the Federal Reserve more leeway to cut rates, ... But I don't believe that a BOJ rate cut means that a Fed rate cut impends. |
It gives the Federal Reserve more leeway to cut rates. But I don't believe that a BOJ rate cut means that a Fed rate cut impends. |
It is worse than expected both in terms of income and spending, |
It just hasn't happened, and it probably won't happen simply by changing corporate tax legislation, ... The truth is that job creation in this economic recovery is well below the levels of previous cycles, with or without the repatriated funds. |
It just hasn't happened, and it probably won't happen simply by changing corporate tax legislation. The truth is that job creation in this economic recovery is well below the levels of previous cycles, with or without the repatriated funds. |
It looks as though core inflation is back, ... We have the core CPI now growing at an average monthly rate of roughly 0.3 percent thus far in 2004. That adds up to a rate hike happening sooner rather than later. |
It looks as though core inflation is back. We have the core CPI now growing at an average monthly rate of roughly 0.3 percent thus far in 2004. That adds up to a rate hike happening sooner rather than later. |
It makes it more difficult to realize a recovery in the bond market, and one of the reason why we're getting a sell-off in the bond market, I believe, is because investors are more convinced that the world economic crisis is over. |