Is the Ten Year Going to 3%?

These two articles point in a bad direction:     China’s 2011 total trade surplus was $183B. The surplus with the USA was $270B; the US was 150% of China’s total surplus. China imports lots of “stuff.”  More...

Bernanke Goes All In

Well, we got an inflation target from the Fed. Basically, thinking at the Fed has been eliminated. The process has been automated. Bernanke has convinced the Fed board to adopt Core PCE as a determinate of monetary More...

Bernanke’s Latest ‘Hints’ Should Infuriate 280 Million Americans

Bernanke – “I’ve Abandoned The Dual Mandate!” I find myself this morning hoping for the failure of the Federal Reserve. This implies that I’m also hoping for a collapse in the equity markets and a severe More...

Inflation Bend Points

by Bruce Krasting One part of the debt ceiling debacle debate that has been agreed to a long time ago is that there will be changes made to inflation calculations. The result will be bracket creep (higher taxes) More...