I’m just back from 2 weeks in Asia and I’ve been asked to head right over to CNBC studios for a debate with Santelli and company on Fed policy efficacy. They seem to hate QE2 so it should be a fun one. The segment goes on just after 11am. We are putting the finishing...
The surest sign that the Fed’s move to drive inflation expectations higher is working will NOT be most apparent in BEIs, 10yr Treasuries or even commodity prices. It will be outrage from top US trading partners in Asia and Europe that signals the policy is working....
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Well, the big week has come and gone and what do we have to show for it? US equities are up 10% YTD, investment grade credit spreads are back to late 2007 levels, US individual tax rates are not likely to rise and the economic data continue to surprise on the upside....
Well, the big week has come and gone and what do we have to show for it? US equities are up 10% YTD, investment grade credit spreads are back to late 2007 levels, US individual tax rates are not likely to rise and the economic data continue to surprise on the upside. It’s all puppy […]
