pagado Tesoro de EE.UU. - 3 min read Confiamos en Bessent A los Bond Vigilantes les gusta Scott Bessent, nominado ayer por Donald Trump para ser Secretario del Tesoro de Estados Unidos. Su voto...
público Política fiscal - 3 min read La magia monetaria moderna en acción El republicano Everett Dirksen fue el líder de la minoría en el Senado durante la década de 1960. Advirtió de que el gasto federal...
público Bond Vigilantes • 3 min read Bond Vigilantes Started Voting Early The US presidential and congressional elections aren't until November 5, but the Bond Vigilantes are voting early. The…
público Fiscal Policy • 2 min read The Blob Keeps Growing. So Why Aren't Bond Yields Soaring? The federal deficit narrowed a bit to $1.63 trillion over the 12 months through April (chart). However, over the…
público Week Ahead • 2 min read The Economic Week Ahead: May 6 - 10 It's slim pickings this week on the US economic front. The news is mostly about credit conditions. Then…
público Fiscal Policy • 2 min read The Blob The US federal deficit reminds us of the 1958 science fiction horror classic, "The Blob." It stars none-other…
público Week Ahead • 2 min read The Economic Week Ahead: April 8 - 12 This week will feature some key inflation numbers. The March headline CPI (Wed) and PPI (Mar) will get a boost…
pagado Bond Market • 2 min read Fairy Godmother Of The Bond Market When Janet Yellen was Fed chair from 2014 to 2018, we often referred to her as the “Fairy Godmother of…
pagado S&P 500 Earnings • 2 min read S&P 500 Earnings At Record High Yippee! S&P 500 operating earnings per share rose to a record high in Q3, for the first time…
pagado Política fiscal - 3 min read Stock Prices Are Jumping Again After the stock market closed on Friday, Moody’s reduced the US government's credit rating from “stable” to…
pagado Week Ahead • 2 min read The Economic Week Ahead: October 9-13 This is a big week for two big issues troubling the bond market, namely inflation and the US federal budget…
pagado Fiscal Policy • 2 min read Uncle Sam Downgrade Raises Caution Flag In yesterday's QT, we noted that the 10-year Treasury bond yield was back just over 4.00% and…