Raymond James’ Jeff Saut made reference earlier this week to a WSJ article from February of this year; I adapted part of that in my...
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Yesterday, based on easy Ben the inflation dove’s JEC testimony, I noted that: "I think Gold — and most of the...
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The Markets have reversed on Fed Chair Bernanke’s testimony to the JEC with his "Outlook for the U.S. Economy.". His...
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Interesting smackdown between Bill Fleckenstein and Ed "Y2K" Yardeni:" "Even if the Fed can’t strip the...
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Todd Buchholz was on CNBC this morning. I have recommended his book "New Ideas from Dead Economists" in the past. He may be a...
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The WSJ discusses one of the nasty side effects on Mortgages and Real Estate of rising rates and slowing real estate: Delinquencies and...
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Barron’s jumps on the "We Have Inflation" bandwagon this week, with two editorials acknowledging what Big Picture readers...
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For the first time since June of 2002, the 10-Year Bond Yield has a 5 handle on it:click for larger chart
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Over the past 3½ years markets crawled higher, we have watched the gradual but steady build up of bullish expectations. You can see it...
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In 2002, the Yield Curve was extremely steep, with short term rates at half century lows. This was extremely stimulative to economic...
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