tag:blogger.com,1999:blog-6135767210188526078.post203420558859368251..comments2023-07-28T11:28:55.153-04:00Comments on pebblewriter: In a Fix: March 13, 2012pebblewriterhttp://www.blogger.com/profile/11324367600914701000noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-6135767210188526078.post-89139138870418840792012-03-13T23:31:54.181-04:002012-03-13T23:31:54.181-04:00Bingo. Posted about this the other day... at 6% a...Bingo. Posted about this the other day... at 6% avg rates, annual interest on the national debt becomes as big as medicare, defense or social security. At 10%, it's as big as any two of the three. Any meaningful uptick in rates turns the drain circling into a big, fat whoosh.pebblewriterhttps://www.blogger.com/profile/11324367600914701000noreply@blogger.comtag:blogger.com,1999:blog-6135767210188526078.post-64376673735767358082012-03-13T16:30:39.427-04:002012-03-13T16:30:39.427-04:00Among the things I don't get is - businesses a...Among the things I don't get is - businesses are in their best shape in a long time, banks apparently are swimming in cash, employment situation is 'improving', everything is just peachy. Why are we not earning more on our savings ? Is it all about the cost of the US debt ?pebblewriterhttps://www.blogger.com/profile/11324367600914701000noreply@blogger.comtag:blogger.com,1999:blog-6135767210188526078.post-10722004583261042362012-03-13T16:13:52.347-04:002012-03-13T16:13:52.347-04:00I sure would, if I were in their shoes. I think i...I sure would, if I were in their shoes. I think it's perfectly obvious that they understand how important a healthy stock market is to consumer confidence/housing/the overall economy. I think it explains the endless ramp jobs since SPX 1074, specifically designed to undermine normally reliable patterns. In 2009 and 2010, they brought out QE to prop the markets. Now, they're hoping to prop it up without increasing inflationary pressures. But, they can't be everywhere all the time. Some day very soon, as in July, a few too many moles will pop up and there won't be enough clubs with which to whack them all.pebblewriterhttps://www.blogger.com/profile/11324367600914701000noreply@blogger.comtag:blogger.com,1999:blog-6135767210188526078.post-87708280866726043682012-03-13T15:59:00.364-04:002012-03-13T15:59:00.364-04:00Do you think they consider technical analysis at t...Do you think they consider technical analysis at the Fed ? :-)pebblewriterhttps://www.blogger.com/profile/11324367600914701000noreply@blogger.comtag:blogger.com,1999:blog-6135767210188526078.post-18521882294454953432012-03-13T07:53:54.789-04:002012-03-13T07:53:54.789-04:00You're on early! Good morning
I wonder if any...You're on early! Good morning<br /><br />I wonder if any of those banks had Greek losses on CDS to cover? Just a thought.<br />-<br />Retail data in at 8.30am EST, with FOMC later. Could be quite an interesting day to watch.pebblewriterhttps://www.blogger.com/profile/11324367600914701000noreply@blogger.com