If we get evidence of inflation pushing up beyond the levels we've seen already, then it's game on for an ECB rate hike in December. We would give it about a 35 percent chance at the moment but that could increase quickly should we get surprises in the next inflation reports. |
If you're going to pass out garbage like this, basically, you're not going to make it in Ward 7, ... waffling on the issue of residency. |
It's going to be a patchy acceleration in Europe, but we're looking for something a little firmer. |
The trash site needs to go, |
The Treasury has two options -- either to change the regulations or to issue more long-dated debt, and selling more is the only fix we're going to get in the short term. |
There are numerous unwanted developments in Ward 7. They're going on now, |
There will be an upside surprise in inflation, and we still think the Fed has still got some work to do. There's room for yields to rise. |
We've always been saying that yields are too low at the front-end of the curve. I do think yields should gently drift higher. |
You will not see a firefighter holding my sign. You will not see my signs on a firefighter's lawn, |