24 Aug 2026

With Deficit Spending 5%-6% Of GDPn And Government Interest Payments Through The Roof, Bessent Seeks To Mold Long Rates Lower

by | posted in: Credit, Derivatives, Economy, Equities, Technicals | 0

Markets are confused. Rate-hike expectations on the short end have been pushed back to December from September. Yields, however, are rallying on the long end. Just a few weeks ago, Fed Chair Warsh was thanking the bond market for higher … Continued

10 Feb 2020

U.S. Fascination With Debt Knows No Bounds

by | posted in: Credit, Economy | 0

Debt addiction is pervasive among consumers, corporations as well as the federal government.  Several debt-related metrics are in uncharted territories.  The craving is built into the system and can continue until markets rebel. In December, U.S. consumer credit grew 4.7 … Continued