Happiness Blossoms When Economic Growth is Strong

Happiness Blossoms When Economic Growth is Strong

#happiness #misery #jobs #inflation #employment “The best way to mitigate misery is through economic growth“– Paul Ebeling The human condition fits in a spectrum between ‘miserable’ and ‘happy.’ In the economic space misery flows from high inflation, steep borrowing costs and unemployment. The best way to mitigate misery is through economic growth as happiness blossoms […]

“Hey Boneheads Cut the Interests Rates to Zero”

“Hey Boneheads Cut the Interests Rates to Zero”

In a series of Tweets early Wednesday, President Trump wrote that “boneheads” at the Fed should lower interest rates to Zero or below so that the US could decrease its borrowing costs. As a property developer, President Trump is thinking about negative rates from the perspective of a borrower. But, the Fed’s lukewarm appetite for negative […]

US Consumers Upbeat

US Consumers Upbeat

US consumer debt increased by the most in 5 months in April and topped estimates, suggesting more upbeat sentiment among Americans is supporting borrowing and spending. Total credit expanded $17.5-B from the prior month following an upwardly revised $11-B gain in March, Federal Reserve figures showed Friday. Revolving debt outstanding increased the most since November while non-revolving […]

American Consumers are Borrowing More

American Consumers are Borrowing More

American Consumers are Borrowing More Americans increased their borrowing by $11.6-B in March as a big increase in the category that covers auto and student loans offset the largest monthly drop in credit card borrowing in more than five years. The Federal Reserve says the March increase in total debt was below the $13.6-B increase in February […]

US Small Business Borrowing at High Marks This Year

US Small Business Borrowing at High Marks This Year

US Small Business Borrowing at High Marks This Year $DIA, $SPY, $QQQ, $VXX Borrowing by small US firms hit its highest level in nearly a year, data showed Thursday, suggesting businesses are ramping up investments to meet customer demand. The Thomson Reuters/PayNet Small Business Lending Index for May rose to 137, its highest since June […]

US Debt Ceiling Crisis Not Expected in 2017

US Debt Ceiling Crisis Not Expected in 2017

US Debt Ceiling Crisis Not Expected in 2017 A US debt ceiling crisis is less likely to happen in Y 2017 given the GOP-controlled White House and Congress will probably agree to suspend or raise the federal borrowing limit before the government runs out of cash, Fitch Ratings said. A deal in November 2015 to […]

The Outlook for American Businesses is Grim

The Outlook for American Businesses is Grim

The Outlook for American Businesses is Grim $DIA, $SPY, $QQQ, $VXX The Big Q: Are investors in denial about grim outlook for American businesses? That’s the question Société Générale’s Andrew Lapthorne, global head of quantitative strategy, posed to his bank’s clients in a note Friday. “Asset valuations are extreme; returns are poor, the probability of […]

Jeffrey Gundlach, “This is a Big, Big Moment”

Jeffrey Gundlach, “This is a Big, Big Moment”

Jeffrey Gundlach, “This is a Big, Big Moment” Last Thursday DoubleLine Capital’s CIO Jeffrey Gundlach, 56 anni, said it is time for fixed-income investors to prepare for rising interest rates and higher inflation by reducing their positions, moving money into cash and protecting against volatility. “This is a Big, Big Moment,” Mr. Gundlach said during […]