…prices.  Bond traders expectations can be estimated using bond prices. Price and wage setters mainly by surveys. Potential home buyers hardly at all except for veey few surveys limited to particular…

…and a (small so far) deadweight loss to the consumer economy. Personally, my bet is that the bond market is right, and the stock market is wrong. The Bonddad Blog…

…wait to see if he was bluffing. Traders immediately began repositioning, selling longer-term bonds and moving into short-duration debt — classic behavior when confidence in central bank independence falters. After…

…cutting rates to help the economy would make the inflation problem worse. That’s the “stagflation” trap, and the Fed has no good move. The threat to bond and housing markets…

…is deemed more risky, something is wrong. The level of rates has typically been measured by corporate bond yields, and there are systems that rely on such rates going back…

…and that someone other than Alito therefore is writing a 5-4 opinion rejecting the outrageous First Amendment claim. Something sort of like that happened in a case called Bond v….

…that Harris could follow somewhat in the footsteps of an opinion in a case called Bond v. United States, decided on June 2. The majority voted to hear Bond, intending…

…rate since February 2009 – a local trough. Also this week, Eurostat reported that the Euro area (EA) unemployment rate stabilized in December at 10.4%. This is the highest level…

…above illustrates the real seasonally-adjusted and working-day-adjusted (for Europe) level of retail sales across key countries in Europe and the US (for comparison). The raw data is indexed to 2007…

…euro area growth had not regained its GDP lost as of Q2 2011. And don’t even get me started on Japan. The ECB is tightening; US Congressional leaders are recklessly…