tag:blogger.com,1999:blog-6616959642391988608.post1137227758129159630..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Durable goods orders blowoutScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6616959642391988608.post-65400160766353293922014-08-27T05:41:06.000-07:002014-08-27T05:41:06.000-07:00scott, could that data be a one off? seems to not ...scott, could that data be a one off? seems to not fit. the behavior of tbonds is astounding irrespective of inflation. really think it has way more to do with supply/demand than macro. there is just so much liquidity earning 0% that SOME of it has to find a new home.stevehttps://www.blogger.com/profile/07387986994469835875noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-6449211177710709602014-08-26T21:48:32.641-07:002014-08-26T21:48:32.641-07:00Well, is monetary policy "too easy"?
Ma...Well, is monetary policy "too easy"?<br /><br />Many have said so, and not for just the past five years. <br /><br />Yet inflation has been in a record low swoon, the economy has lots of slack. Moreover, the USA economy sources globally now--supply constraints are not the issue they were in the 1970s.<br /><br />Nevertheless, Yellen is killing off QE. <br /><br />Milton Friedman said a Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.com