Stock losses are giving bonds some juice this morning we're back to feeling that the economy is weak and that bonds are a buy here.
More Quotes from Chris Rupkey:
This budget number is way out there it was quite a shock.Chris Rupkey
Expectations of Fed action have gone though the roof. The market is looking for two 25-basis-point moves and one 50-basis-point move before the presidential election.
Chris Rupkey
consumer spending has not been dented by the hurricane-inspired rise in gasoline prices and fears of higher home heating oil bills.
Chris Rupkey
This is consistent with the idea that slack resources have been taken up in the economy. There is considerable momentum and this is the sort of environment where inflation pressures can spill over and actually cause an increase in the rate of inflation, so it is a bit early for them (the Fed) to lay down their saber.
Chris Rupkey
It may be just a matter of time before the public's inflation expectations start to rise. Commodity prices are soaring.
Chris Rupkey
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Love is a canvas furnished by nature and embroidered by imagination.
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Many Japanese painters and calligraphers would change their names intentionally to keep their relationship to the art always fresh. This way, others' expectations can be avoided.
Tina Weymouth