tag:blogger.com,1999:blog-6616959642391988608.post128973745278334618..comments2024-03-19T02:45:37.685-07:00Comments on Calafia Beach Pundit: Credit spread updateScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-6616959642391988608.post-58459935564640359962012-01-17T18:12:47.106-08:002012-01-17T18:12:47.106-08:00Scott -
Thank you for the very informative analy...Scott - <br /><br />Thank you for the very informative analysis.<br /><br />WilliamWilliamhttps://www.blogger.com/profile/04418491109912775561noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-80363049086491521232012-01-17T11:39:56.383-08:002012-01-17T11:39:56.383-08:00Ben,
That is because shadow banking and consumer ...Ben,<br /><br />That is because shadow banking and consumer balance sheets are contracting. However, printing tons of money either way never ends in prosperity.<br /><br />The Fed is basically commanding where the market allocates resources. This too will not end in prosperity for the real economy.Public Libraryhttps://www.blogger.com/profile/00017383928897945054noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-51339279212150495682012-01-17T11:04:50.909-08:002012-01-17T11:04:50.909-08:00BTW, the website I encourage all to visit is:
htt...BTW, the website I encourage all to visit is:<br /><br />http://www.centerforfinancialstability.org/amfm_data.php<br /><br />This might explain why the economy moves like it is on Sominex.Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-89743108818541105822012-01-17T10:21:55.066-08:002012-01-17T10:21:55.066-08:00I advise everyone to check out this website, by a ...I advise everyone to check out this website, by a crew of serious guys who are trying to measure the real money supply. It turns out this is not a simple topic.<br /><br />According to Divisia, the money supply is contracting.<br /><br />Who knows? But I note that asset values in the USA are falling to flat, and unit labor costs are falling.<br /><br />I contend the Fed is passively Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-32151200119051592892012-01-17T10:04:04.066-08:002012-01-17T10:04:04.066-08:00It does look lik emoney stock is starting to go hy...It does look lik emoney stock is starting to go hyperbolic. Especially relative to the past.<br /><br />http://research.stlouisfed.org/fred2/series/WM2NS?cid=29Public Libraryhttps://www.blogger.com/profile/00017383928897945054noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-65545866831958622022012-01-17T09:51:04.394-08:002012-01-17T09:51:04.394-08:00That is Doug Short - dshort.com, not short.comThat is Doug Short - dshort.com, not short.comSquirehttps://www.blogger.com/profile/14088030568579672500noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-84733296100995410692012-01-17T09:50:13.516-08:002012-01-17T09:50:13.516-08:00short.com has a FRED chart showing the massive inc...short.com has a FRED chart showing the massive increase in base money. It is a rocket shot not from NASA but from the Federal Reserve Bank. M1, M2, MZM are skyrocketing.Squirehttps://www.blogger.com/profile/14088030568579672500noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-48537875643151682112012-01-17T09:25:28.100-08:002012-01-17T09:25:28.100-08:00ECB Pres Mario Draghi stated yesterday that the ec...ECB Pres Mario Draghi stated yesterday that the economic situation in Europe is "very grave" -- taking a chance on averting catastrophe is unnecessary -- better to embrace economic catastrophe as imminent and to configure one's investment portfolio accordingly -- the collapse of sovereign debt is good news for private enterprise -- once sovereign debt is "killed off" as a McKibbinUSAhttps://www.blogger.com/profile/10545798495680527622noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-55224216775414787872012-01-17T09:11:48.875-08:002012-01-17T09:11:48.875-08:00Excellent insights, another solid post.
I have to...Excellent insights, another solid post.<br /><br />I have to add the trend on corporate and Treasury yields suggests the market sees nothing but mild deflation or price stagnation in years ahead. <br /><br />Why are yields so low? It could be the market is saying we are already in deflation. The CPI overstates inflation, and the market senses that. Goods are getting cheaper, commodities are Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.com