Quo Vadis, Yield Curve?
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Has anyone else noticed that interest rates have gone way up, way fast?
Has anyone else ever taken an introductory macroeconomics class and learned that government budget deficits drive up interest rates?
Actions have consequences.
Next step: The housing market and the bubble that isn't really a bubble ... until it turns out to be a bubble after all.
And as I've mentioned previously, this is all happening in a so-called "Goldilocks" economy, with relatively low unemployment and relatively low inflation.
Stated differently, it is likely to get worse before it gets better.
And that's before 2017 rolls around.
Carry on...
Has anyone else ever taken an introductory macroeconomics class and learned that government budget deficits drive up interest rates?
Actions have consequences.
Next step: The housing market and the bubble that isn't really a bubble ... until it turns out to be a bubble after all.
And as I've mentioned previously, this is all happening in a so-called "Goldilocks" economy, with relatively low unemployment and relatively low inflation.
Stated differently, it is likely to get worse before it gets better.
And that's before 2017 rolls around.
Carry on...
Related Posts (on one page):
- Quo Vadis, Dollar?
- Nowhere to Go But ____ ?
- Quo Vadis, Yield Curve?
Posted by Kip on
31 March 2006
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