46 min listen
THIS Will Show You Where Interest Rates Are Going Next
THIS Will Show You Where Interest Rates Are Going Next
ratings:
Length:
18 minutes
Released:
Nov 19, 2023
Format:
Podcast episode
Description
#recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy The mainstream emphasis on Treasury auctions is, like so many of these things, completely misplaced. It's not just misplaced, even the worst Treasury auctions don't actually matter. Interest rates have nothing to do with how much debt the government issues. It's sad, it's not right, but that's the eurodollar world we live in. Uncle Sam has issued almost $20 trillion in debt over the last dozen years, and the long bond yield has barely moved - even with the Fed spiking ST rates.Eurodollar University's Money & Macro AnalysisFOMC statement May 9, 2010https://www.federalreserve.gov/newsevents/pressreleases/monetary20100509a.htmTwitter: https://twitter.com/JeffSnider_AIPhttps://www.eurodollar.universityRealClearMarkets Essays: https://bit.ly/38tL5a7
Released:
Nov 19, 2023
Format:
Podcast episode
Titles in the series (100)
Modern Myths: Ancient myths, like Crete's Minotaur or the Monkey King, are not taken seriously. But what of modern ones like the Greenspan Put, stock buying Bank of Japan or Treasury selling bond kings? They are, with a Pavlovian-like response by the financial press, by Eurodollar University