Stimulus Will Overheat the Economy Posted by Michael Carr | Mar 24, 2021 | Chart of the Day, Economy Another round of stimulus totaling $1.9 trillion is making its way into American households, but it may end up overheating the U.S. economy. Read More
Why Powell & the Fed’s 3.5% Unemployment Goal Is a Fantasy Posted by Michael Carr | Mar 23, 2021 | Chart of the Day, Economy Fed Chairman Jerome Powell’s 3.5% unemployment goal shows that the Fed is living in a fantasy. The Fed has moved from proactive to reactive. Read More
The Bond Market Is in Meltdown Mode Posted by Michael Carr | Mar 22, 2021 | Chart of the Day, Markets Federal Reserve Chairman Jerome Powell could have been singing “Hakuna Matata.” Traders in the bond market reacted to his message by selling. Read More
Watch Japanese Bonds for Bear Signals, Interest Rate Trends Posted by Michael Carr | Mar 19, 2021 | Chart of the Day, Markets Japan has set the global standard for low interest rates for decades. And Japanese bonds are indicating a major shift in rates going forward. Read More
Long-Term Bond Yields Are Ready to Double Posted by Michael Carr | Mar 18, 2021 | Chart of the Day, Markets Interest rates on 10-year Treasury notes are at about 1.6%. Yields have been low for years, but there are signs they will rise quickly. Read More