Since You asked…

This is a time of the year when I meet new people or get reacquainted with old friends, and once we run out of the usual “status update” conversation, someone often asks about the economy and the current crisis about the debt ceiling. I’m going to break a self-imposed guideline for this blog, and . . . → Read More: Since You Asked…

Adam Michael: Base Stock Evaluation on $90 Oil

Platform Advisors Founder Adam Michael searches the globe for oil and gas discovery stories with established cash flows that support share value in reasonably secure political environments. In this exclusive interview with The Energy Report, Adam reveals some names from his own portfolio holdings that he believes could generate considerable upside production growth . . . → Read More: Adam Michael: Base Stock Evaluation on $90 Oil

The Verdict on US Bond Yields?

Just before we turned the clock on 2010 I commented on the recent increase in US yields and noted the following simple issue;

How investors perceive and interpret this will [rising yields] determine great many things; is it a reflection of higher growth in the future and thus a sooner than expected normalisation by . . . → Read More: The Verdict on US Bond Yields?

Rising US Bond Yields

So what gives here.

The extra yield Treasury investors demand to hold 10-year notes over 2-year securities touched the widest since February on speculation an extension of tax cuts will spur growth and increase deficits. The benchmark 10-year yield rose this week to the highest level in seven months as retail sales advanced . . . → Read More: Rising US Bond Yields

Macro Q&A – 20 Questions and 20 Answers

I know this is a cheap shot, but still. Team Macro Man picks up an all time favorite over at MM and asks 20 questions (check this out for other answers) to which I have offered 20 answers.,

Will the 10yr Treasury yield breach 2% this year? When will the Japanese intervene? Will the . . . → Read More: Macro Q&A – 20 Questions and 20 Answers

Random Shots for August 17, 2010

It has been a while since I have had a round of these and in the current macro/market environment I thought it an excellent occasion to take some pot-shots at the market discourse. So, read on if you want to see what it looks like when I am being (excessively) smug, an econometric model . . . → Read More: Random Shots for August 17, 2010

Less Than AAA Rating? Never!

Treasury Secretary Timothy Geithner said the country’s debt rating is not at risk because of the trillions of dollars of government spending to shore up the economy.

Asked on ABC’s “This Week” Sunday whether the government would lose its triple AAA sovereign debt rating, Geithner said: “Absolutely not and that will never happen to . . . → Read More: Less Than AAA Rating? Never!

Timothy Geithner’s Famous Last Words?

From Bloomberg:

Treasury Secretary Timothy F. Geithner said the U.S. is in no danger of losing its Aaa debt rating even though the Obama administration has predicted a $1.6 trillion budget deficit in 2010.

“Absolutely not,” Geithner said, when asked in an ABC News interview broadcast today whether a downgrade is a concern. “That . . . → Read More: Timothy Geithner’s Famous Last Words?

Piling Into One Month Treasuries

The Great Credit Contraction grinds on as the system continues evaporating.  People are realizing the true nature of the worldwide fiat currency and fractional reserve banking system that is built on a fraudulent premise and has become a Ponzi scam of epic proportions, the largest in the history of the world.  Capital, both real . . . → Read More: Piling Into One Month Treasuries

Retirement Accounts Could Boost Treasuries

The Federal Government is running massive budget deficits which is creating a massive supply of Treasuries.  But there is no demand and so the Federal Reserve is monetizing the debt.  But these colored coupons merely amount to certificates of confiscation.  Where will Congress find the capital to buy Treasuries?  Most likely, your retirement account and . . . → Read More: Retirement Accounts Could Boost Treasuries