tag:blogger.com,1999:blog-6616959642391988608.post7240610899504354442..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: The message of rising yields is very goodScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-6616959642391988608.post-28944862190777933182013-09-13T21:00:40.472-07:002013-09-13T21:00:40.472-07:00This comment has been removed by the author.Hanshttps://www.blogger.com/profile/05183141792723754273noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-49719183069004118332013-09-12T21:05:39.779-07:002013-09-12T21:05:39.779-07:00Its weird - going through your blog entries from 2...Its weird - going through your blog entries from 2009 onwards, every dip in the markets is attributed to Obama. Well, the market up big since then but somehow none of it is due to any of Obama's actions ? At least be consistent in your causality. You think the stimulus bill did nothing, others think it helped stabilize a sinking economy. Tax increases were supposed to kill any growth but lo amritsarihttps://www.blogger.com/profile/03968805404670583901noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-9840677378032107532013-09-11T23:16:02.997-07:002013-09-11T23:16:02.997-07:00The NSA is still decoding his message..The NSA is still decoding his message..Hanshttps://www.blogger.com/profile/05183141792723754273noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-65738621013034610152013-09-11T17:03:23.707-07:002013-09-11T17:03:23.707-07:00theyenguy, What did you say?theyenguy, What did you say?mmanagedaccountshttps://www.blogger.com/profile/08188469703346980431noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-68334530543980794562013-09-11T05:07:46.404-07:002013-09-11T05:07:46.404-07:00In 2009, Fed Chairman Bernanke introduced QE1, tra...In 2009, Fed Chairman Bernanke introduced QE1, traded out money good Treasuries, TLT, for the most toxic debt of all types held by the banks, which found their way back to the Fed as excess reserves. This interventionist policy secured investment trust, and reinflated credit worldwide, stimulated global growth and trade, and provided spectacular investment rewards, in such things as Small Cap theyenguyhttps://www.blogger.com/profile/08515095308836729043noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-80712490004035119412013-09-10T17:01:32.308-07:002013-09-10T17:01:32.308-07:00It sure is doing nothing for mortgage lending, whi...It sure is doing nothing for mortgage lending, which is all but collapsing..Hanshttps://www.blogger.com/profile/05183141792723754273noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-91592621424078478842013-09-09T23:19:17.648-07:002013-09-09T23:19:17.648-07:00Well, some might disagree.
QE is used by central ...Well, some might disagree.<br /><br />QE is used by central banks at or near ZLB, when the economy is in recession. <br /><br />So, the central bank cannot lower rates anymore, and instead it starts to buy debt, called QE, or also called monetizing the debt. <br /><br />As any central bank starts QE in ZLB, there is really nowhere for rates to go but up. If rates rise, that is a sign QE is Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-87195799766020946532013-09-09T20:24:24.992-07:002013-09-09T20:24:24.992-07:00Sil: I've expanded the post in an attempt to a...Sil: I've expanded the post in an attempt to answer your question. Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-62460824338600410932013-09-09T19:58:41.916-07:002013-09-09T19:58:41.916-07:00Important Message #1, #2 and #3 totally decimates ... Important Message #1, #2 and #3 totally decimates the arguments of many "talking heads" on FOX News and CNBC and the decisions of many bond investors. Well done Scott; you have been right for 2 years at least!Williamhttps://www.blogger.com/profile/04418491109912775561noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-72476074174072113882013-09-09T19:46:39.881-07:002013-09-09T19:46:39.881-07:00Scott,
I fail to see the proof of direct causali...Scott, <br />I fail to see the proof of direct causality between the recent rise in rates and the QE program which has been going on in various forms for 5 years.<br />The rates dropped for most of those 5 years of QE. <br />So it seems like a big jump in reasoning to conclude that since they have failed to keep rates low over the past 5 months, they never did anything.<br />Perhaps you can Sil Sandershttps://www.blogger.com/profile/17817838172049999348noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-12007486291562969612013-09-09T18:52:37.790-07:002013-09-09T18:52:37.790-07:00My guess is that low inflation, low growth, and lo...My guess is that low inflation, low growth, and low employment will be persistent in the US for at least the next 25-30 years -- I regret that US citizens born before 1950 will not see another period of economic prosperity during their remaining lifetimes -- for this reason, a mass generation change in both the public and private sectors is required now -- we need a new generation of leaders BornMcKibbinUSAhttps://www.blogger.com/profile/10545798495680527622noreply@blogger.com