Tag Archives: business cycle
Credit Market Killing Machine
Yields on the 10-Year Treasury Note remain below 2 percent. Interest rates this low are extraordinarily abnormal. They indicate credit markets are feeble. Moreover, despite the Feds efforts to suppress interest rates, these ultra-low yields may be hurting the economy … Continue reading
Heating the Stove with Furniture
Several important economic data points from last month were revealed this week. Industrial production and the producer price index were reported on Wednesday. Then, yesterday, the consumer price index was reported. Here are the particulars… According to the Federal Reserve, … Continue reading
The Money Must Go Somewhere
In Friday’s issue of the Economic Prism we suggested that, despite all the financial uncertainty going on, the U.S. economy is strengthening. By the response we received, this optimism astonished many of our readers. Naturally, we thought that would be … Continue reading
Kodak Moment for Uncle Sam
Dinosaurs must die. It’s a fact of life. Just ask Kodak. Last week, after 123-years in business, it was reported the dinosaur company is preparing to file for bankruptcy protection. By market close on Friday, the former blue chip’s stock … Continue reading
