tag:blogger.com,1999:blog-6616959642391988608.post3173587331679321254..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Treasury yields are very low relative to inflationScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-6616959642391988608.post-19469063543646004282015-05-25T06:23:20.080-07:002015-05-25T06:23:20.080-07:00Can interest rates go lower?
In the UK, they have...Can interest rates go lower?<br /><br />In the UK, they have.<br /><br />"Could the first sub-1% mortgage rate be around the corner? Actually, it is already here. While the Co-op Bank recently launched a 1.09% two-year fixed-rate mortgage (which will move back to the standard variable rate (SVR) at the end of the term), HSBC has beaten this with an initial rate of 0.99% on its two-year Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-11206753541282288932015-05-23T17:43:28.264-07:002015-05-23T17:43:28.264-07:00Tim: Remember that gold is a global commodity. Pri...Tim: Remember that gold is a global commodity. Prices are set in India and China. The US inflation rate is a minor side show in the global gold carnival..Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-21436629843110001792015-05-23T13:21:59.274-07:002015-05-23T13:21:59.274-07:00Scott, with this very low inflation, do you belie...Scott, with this very low inflation, do you believe the price of gold will trade sideways for a few years, rise or fall to $800 which you identified in an earlier post comparing gold to other commodities. Thanks for your post and blog. I enjoy it.Anonymoushttps://www.blogger.com/profile/09388308734042732343noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-31584668756800509332015-05-22T19:45:25.309-07:002015-05-22T19:45:25.309-07:00"$80 billion a month.""$80 billion a month." Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-25057133493999218792015-05-22T19:44:09.349-07:002015-05-22T19:44:09.349-07:00Side note: In the U.S. Q1 GDP was flat, and maybe...Side note: In the U.S. Q1 GDP was flat, and maybe H1 will be flat. The CPI is showing headline deflation. The Fed has not hit its PCE IT target for seven years. <br /><br />Yet the Fed, led by academic Janet Yellen, is constantly blabbering about raising rates.<br /><br />In Japan, Q1 was up real 2.4%, and inflation is about 2.3%<br /><br />Kuroda, the BoJ governor, said he is sticking with QE Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-85886543908847464422015-05-22T16:47:35.375-07:002015-05-22T16:47:35.375-07:00The Fed says it targets 2% inflation not on the CP...The Fed says it targets 2% inflation not on the CPI, but the PCE deflator. The Fed has been below target for seven years.<br />Given global supply lines into the U.S., it might take years of robust economic growth before the Fed can reach its inflation target.Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.com