Short 30 Year Tips/Tsy Spread Proshares (FINF) 40.59 $FINF
Visualizing The Various Paths Of Interest Rates And Inflation
The Angry Bear - Seeking Alpha - Wed Nov 12, 8:18AM CST
By Edward Lambert Let's go beyond the issue of the Fisher Effect and visualize the whole issue of nominal interest rates, real rates and inflation. The Fisher Effect is only a part of the whole issue. So we start with a model that blends all 3...
FINF: 40.59 (+0.10), SINF: 43.98 (unch), INFL: 45.00 (unch), UINF: 30.76 (unch), DEFL: 50.13 (unch), RINF: 33.18 (+0.05)
U.S. Labor Market Upturn Still Marred By Lackluster Wage Growth
Markit - Seeking Alpha - Wed Nov 12, 2:42AM CST
US unemployment fell to a six-year low of 5.8% in October as companies continued to take on staff in impressive numbers. The data add to signs that the economy is enjoying another period of strong growth in the fourth quarter. However, lacklustre...
FINF: 40.59 (+0.10), SINF: 43.98 (unch), INFL: 45.00 (unch), UINF: 30.76 (unch), DEFL: 50.13 (unch), RINF: 33.18 (+0.05)
Disappointing Economic Data Lead To Record Outflows From U.K. Funds
Markit - Seeking Alpha - Tue Nov 11, 2:34AM CST
Investors are pulling money out of the UK at a record rate as the economic picture clouds over, while UK money is meanwhile moving into brighter looking US investment, according to Exchange Traded Fund data compiled by Markit. UK economy slows A...
FKU: 38.94 (-0.04), SINF: 43.98 (unch), RINF: 33.18 (+0.05), DXPS: 25.62 (-0.13), SPY: 204.24 (+0.05), FINF: 40.59 (+0.10), EWU: 18.94 (-0.04), FXB: 153.97 (-0.39), DBUK: 25.65 (+0.02), INFL: 45.00 (unch), QGBR: 56.04 (unch), UINF: 30.76 (unch), GBB: 41.96 (-0.26), DEFL: 50.13 (unch)
Getting The Neo-Fisherites Wrong
The Angry Bear - Seeking Alpha - Mon Nov 10, 8:19AM CST
By Edward Lambert In response to the the Neo-Fisherite view that persistently low interest rates leads to low inflation, Nick Rowe writes that we have to see what happens to the money base in order to determine inflation. He implies that the...
FINF: 40.59 (+0.10), SINF: 43.98 (unch), INFL: 45.00 (unch), UINF: 30.76 (unch), DEFL: 50.13 (unch), RINF: 33.18 (+0.05)
High Debt Levels Will Not Prevent Rate Hikes
Brian Romanchuk - Seeking Alpha - Mon Nov 10, 7:54AM CST
One theory that I have seen floating around is that the "high" Treasury debt levels will prevent the Fed from raising interest rates. As someone who is in the "secular stagnation" camp (although I dislike the term), I can think...
FINF: 40.59 (+0.10), TAPR: 40.97 (-0.63), SINF: 43.98 (unch), INFL: 45.00 (unch), UINF: 30.76 (unch), DEFL: 50.13 (unch), RINF: 33.18 (+0.05), GOVT: 25.02 (+0.02), PLW: 32.02 (+0.05)
Nonsense
Tim Duy - Seeking Alpha - Fri Nov 07, 1:06AM CST
I stumbled across this piece in The America Spectator in which the authors argue against the prospect of the Federal Reserve pursuing a "triple mandate" by adding inequality to the current mandate of price stability and maximum...
FINF: 40.59 (+0.10), SINF: 43.98 (unch), INFL: 45.00 (unch), UINF: 30.76 (unch), DEFL: 50.13 (unch), RINF: 33.18 (+0.05)
Fake Growth, Fake Money, Fake Jobs, Fake Financial Stability, Fake Inflation Numbers?
Cullen Roche - Seeking Alpha - Fri Nov 07, 1:03AM CST
Nobody can predict how long governments can get away with fake growth, fake money, fake jobs, fake financial stability, fake inflation numbers and fake income growth. That is the quote by hedge fund manager Paul Singer that's been garnering a...
FINF: 40.59 (+0.10), SINF: 43.98 (unch), INFL: 45.00 (unch), UINF: 30.76 (unch), DEFL: 50.13 (unch), RINF: 33.18 (+0.05)
John Cochrane On The Stability Of Interest Rate Pegging
Scott Sumner - Seeking Alpha - Fri Nov 07, 12:57AM CST
Here's John Cochrane replying to a post by Nick Rowe: The last 5 years have brought us a delicious opportunity for measurement. Once we hit the zero bound, interest rates can't move any more. So the whole problem of empirically verifying long...
FINF: 40.59 (+0.10), SINF: 43.98 (unch), INFL: 45.00 (unch), UINF: 30.76 (unch), DEFL: 50.13 (unch), RINF: 33.18 (+0.05)
Did The Fed Save Us From A 'Liquidity Trap'?
Comstock Partners - Seeking Alpha - Thu Nov 06, 12:21AM CST
There have been a number of very sophisticated economists who recently made some presentations on the financial networks discussing just how effective the Federal Reserve was in being able to avoid a "liquidity trap". One economist in...
1 Comment
SINF: 43.98 (unch), JPNL: 45.25 (-0.14), JPNS: 24.62 (+0.12), EWJ: 11.77 (unch), RINF: 33.18 (+0.05), DXJ: 54.62 (+0.26), NKY: 17.86 (-0.04), EWV: 61.02 (+0.30), FINF: 40.59 (+0.10), HEWJ: 27.82 (+0.09), ITF: 50.30 (-0.04), DBJP: 40.95 (+0.18), JPP: 45.23 (-0.05), INFL: 45.00 (unch), EZJ: 83.95 (-0.02), FJP: 45.45 (unch), UINF: 30.76 (unch), DEFL: 50.13 (unch)
What Plunging Oil Prices Mean For Your Income Investments
David Eifrig Jr. - Seeking Alpha - Wed Nov 05, 3:05PM CST
Inflation wasn't a worry last month... and it's even less of a worry this month. This is great for you as an income investor. It means some of world's biggest, safest yields are still available to you, if you buy now. Before I tell you where to find...
DVY: 77.81 (-0.35), SINF: 43.98 (unch), MUB: 109.58 (+0.03), XMPT: 26.05 (-0.02), DLN: 73.84 (+0.03), DHS: 61.38 (-0.05), TFI: 23.98 (+0.05), SCHD: 39.97 (+0.01), DTD: 74.22 (+0.06), FMB: 51.04 (+0.05), PVI: 24.96 (unch), RINF: 33.18 (+0.05), SDYL: 53.70 (-0.03), FVD: 23.62 (-0.04), FINF: 40.59 (+0.10), RVNU: 25.68 (+0.06), FDL: 24.17 (-0.01), VRD: 29.84 (+0.01), PRB: 24.50 (+0.02), INFL: 45.00 (unch), UINF: 30.76 (unch), SDOG: 38.31 (+0.07), PZA: 25.12 (-0.08), DVYL: 48.18 (-0.41), DEFL: 50.13 (unch)
Debate Renewed For Us Neo-Fisherites
The Angry Bear - Seeking Alpha - Wed Nov 05, 1:26PM CST
By Edward Lambert Noah Smith opened the debate again on the Neo-Fisherite movement… What is the movement of which I partake as a Neo-Fisherite? When nominal rates are stuck, then changes in inflation will be compensated for by an equal and...
FINF: 40.59 (+0.10), SINF: 43.98 (unch), INFL: 45.00 (unch), UINF: 30.76 (unch), DEFL: 50.13 (unch), RINF: 33.18 (+0.05)
Central Banks Fracture Not On Philosophy But Failure
Joseph Calhoun - Seeking Alpha - Wed Nov 05, 6:36AM CST
By Jeffrey P. Snider The central bank monolith is revealed to be fracturing. The most evident appearance of that was the Bank of Japan’s recent surprise, where the vote to increase QQE was 5-4. But it has been more than Japan where...
FEZ: 37.51 (+0.06), VGK: 53.74 (+0.01), DBEU: 26.78 (-0.05), SINF: 43.98 (unch), FIEU: 114.17 (+0.17), FEP: 30.12 (+0.18), FEUZ: 31.26 (-0.16), IEUR: 44.73 (+0.07), UPV: 44.93 (+0.39), FEU: 35.57 (+0.01), EWJ: 11.77 (unch), RINF: 33.18 (+0.05), NKY: 17.86 (-0.04), EPV: 61.89 (-0.10), HEDJ: 56.49 (-0.14), DXJ: 54.62 (+0.26), FINF: 40.59 (+0.10), ITF: 50.30 (-0.04), DBJP: 40.95 (+0.18), ESTX: 45.42 (+0.19), JPP: 45.23 (-0.05), INFL: 45.00 (unch), EZJ: 83.95 (-0.02), UINF: 30.76 (unch), HEZU: 24.20 (+0.10), DEFL: 50.13 (unch), ADRU: 23.38 (+0.07), EURL: 31.31 (+0.38), FEEU: 110.73 (+0.18), JPNL: 45.25 (-0.14), EZU: 36.90 (+0.14), JPNS: 24.62 (+0.12), EWV: 61.02 (+0.30), HEWJ: 27.82 (+0.09), IEV: 43.68 (-0.04), EURZ: 38.16 (+1.12), FJP: 45.45 (unch)
QE 'Worked' Because We Aren't 'Yet' Europe?
Joseph Calhoun - Seeking Alpha - Wed Nov 05, 2:00AM CST
By Jeffrey P. Snider Never one to miss a chance to prove how much Keynesian philosophy and monetarism are compatible , the AEI (a think dedicated to American Enterprise?) and James Pethokoukis would like you to know just how much QE...
FEZ: 37.51 (+0.06), VGK: 53.74 (+0.01), DBEU: 26.78 (-0.05), SINF: 43.98 (unch), FIEU: 114.17 (+0.17), FEP: 30.12 (+0.18), FEUZ: 31.26 (-0.16), IEUR: 44.73 (+0.07), UPV: 44.93 (+0.39), FEU: 35.57 (+0.01), EWJ: 11.77 (unch), RINF: 33.18 (+0.05), NKY: 17.86 (-0.04), EPV: 61.89 (-0.10), HEDJ: 56.49 (-0.14), DXJ: 54.62 (+0.26), FINF: 40.59 (+0.10), ITF: 50.30 (-0.04), DBJP: 40.95 (+0.18), ESTX: 45.42 (+0.19), JPP: 45.23 (-0.05), INFL: 45.00 (unch), EZJ: 83.95 (-0.02), UINF: 30.76 (unch), HEZU: 24.20 (+0.10), DEFL: 50.13 (unch), ADRU: 23.38 (+0.07), EURL: 31.31 (+0.38), FEEU: 110.73 (+0.18), JPNL: 45.25 (-0.14), EZU: 36.90 (+0.14), JPNS: 24.62 (+0.12), EWV: 61.02 (+0.30), HEWJ: 27.82 (+0.09), IEV: 43.68 (-0.04), EURZ: 38.16 (+1.12), FJP: 45.45 (unch)
Inarguable End To Decoupling
Joseph Calhoun - Seeking Alpha - Wed Nov 05, 12:03AM CST
By Jeffrey P. Snider Despite all domestic reports to the contrary, the rest of the world is having a very difficult time seeing any recovery yet in the United States economy. With recent trade data in hand, it is not difficult to discern why oil...
XPP: 64.27 (+2.47), SINF: 43.98 (unch), YINN: 32.86 (+1.75), CHXF: 53.13 (+0.60), MCHI: 50.04 (+1.01), RINF: 33.18 (+0.05), YANG: 13.78 (-0.80), FINF: 40.59 (+0.10), FXP: 47.56 (-1.94), PGJ: 31.66 (+0.65), INFL: 45.00 (unch), FCA: 23.54 (+0.50), YAO: 28.53 (+0.63), UINF: 30.76 (unch), YXI: 29.80 (-0.48), CN: 30.77 (+0.54), DEFL: 50.13 (unch), FXI: 40.45 (+0.77), GXC: 81.56 (+1.65)
Does Monetary Policy 'Cause' Changes In NGDP?
Scott Sumner - Seeking Alpha - Tue Nov 04, 2:20PM CST
Suppose that there are 6 ways the government could have prevented the 2008 financial crisis. One might be abolishing moral hazard (FDIC, TBTF, the GSEs, etc.). Another might have been to ban subprime mortgages made with taxpayer-insured funds....
FINF: 40.59 (+0.10), SINF: 43.98 (unch), INFL: 45.00 (unch), UINF: 30.76 (unch), DEFL: 50.13 (unch), RINF: 33.18 (+0.05)
Decomposing The Velocity Of Money
Sober Look - Seeking Alpha - Tue Nov 04, 12:46AM CST
We've received some questions about the ongoing declines in the velocity of money in spite of stronger US GDP growth in the past couple of quarters. The velocity of money (as calculated by the Fed) is the ratio of quarterly nominal GDP to the...
FINF: 40.59 (+0.10), SINF: 43.98 (unch), INFL: 45.00 (unch), UINF: 30.76 (unch), DEFL: 50.13 (unch), RINF: 33.18 (+0.05)
QE Is Dead, Now You Tell Me What You Know
Ilargi - Seeking Alpha - Fri Oct 31, 7:19AM CDT
It seems like every blue moon or so I need to return to Groucho's definition of chaos theory, it keeps on popping up. The first time I used it in an article goes back to at least May 2009, incidentally for many people the starting date of the...
FINF: 40.59 (+0.10), SINF: 43.98 (unch), INFL: 45.00 (unch), UINF: 30.76 (unch), RINF: 33.18 (+0.05)
Week Ahead Economic Overview
Markit - Seeking Alpha - Fri Oct 31, 4:49AM CDT
Worldwide manufacturing and services PMI releases plus an update on the US labour market are highlights of the week. Other standouts are industrial production numbers for Germany and the UK plus the latest Bank of England and European Central Bank...
ADRU: 23.38 (+0.07), VGK: 53.74 (+0.01), FEZ: 37.51 (+0.06), DBEU: 26.78 (-0.05), EURL: 31.31 (+0.38), FEEU: 110.73 (+0.18), SINF: 43.98 (unch), FIEU: 114.17 (+0.17), EZU: 36.90 (+0.14), FEP: 30.12 (+0.18), FEUZ: 31.26 (-0.16), IEUR: 44.73 (+0.07), UPV: 44.93 (+0.39), FEU: 35.57 (+0.01), RINF: 33.18 (+0.05), HEDJ: 56.49 (-0.14), EPV: 61.89 (-0.10), FINF: 40.59 (+0.10), IEV: 43.68 (-0.04), EURZ: 38.16 (+1.12), ESTX: 45.42 (+0.19), INFL: 45.00 (unch), UINF: 30.76 (unch), HEZU: 24.20 (+0.10), DEFL: 50.13 (unch)
Japan Likely To Miss Its Inflation Target
Dean Popplewell - Seeking Alpha - Fri Oct 31, 3:03AM CDT
By Alfonso Esparza Japanese Prime Minister Shinzo Abe won his nation's elections in late 2012 with bold promises. One of those promises was that the Japanese economy would roar back to life, ending two decades of deflation. He promised a 2%...
VGK: 53.74 (+0.01), SINF: 43.98 (unch), JPNL: 45.25 (-0.14), JPNS: 24.62 (+0.12), EU: 22.41 (+0.10), EWJ: 11.77 (unch), RINF: 33.18 (+0.05), DXJ: 54.62 (+0.26), NKY: 17.86 (-0.04), EWV: 61.02 (+0.30), FINF: 40.59 (+0.10), HEWJ: 27.82 (+0.09), ITF: 50.30 (-0.04), DBJP: 40.95 (+0.18), JPP: 45.23 (-0.05), INFL: 45.00 (unch), EZJ: 83.95 (-0.02), FJP: 45.45 (unch), UINF: 30.76 (unch), ERO: 47.84 (-0.13), DEFL: 50.13 (unch)
QE3 R.I.P.
Calafia Beach Pundit - Seeking Alpha - Thu Oct 30, 4:41AM CDT
Wednesday the Federal Reserve confirmed what the bond market has been expecting for many months: QE3 has ended, effective this week. What we don't know yet, however, is whether the end of QE3 will lead to another round of economic and financial...
IEI: 122.36 (+0.13), TBX: 30.94 (-0.08), DTYL: 74.80 (-1.08), DFVS: 35.79 (-0.40), TYD: 42.13 (+0.11), TBZ: 30.11 (-0.02), DFVL: 61.39 (+0.42), IEF: 105.10 (+0.22), PST: 25.50 (-0.10), SINF: 43.98 (unch), UST: 54.86 (+0.22), DTYS: 23.84 (-0.20), TYNS: 31.33 (-0.06), RINF: 33.18 (+0.05), FINF: 40.59 (+0.10), ITE: 59.91 (-0.02), TYO: 19.63 (-0.22), INFL: 45.00 (unch), GSY: 50.12 (+0.02), SCHR: 53.45 (+0.05), UINF: 30.76 (unch), FIVZ: 79.80 (unch), DEFL: 50.13 (unch), VGIT: 64.35 (+0.08)
Visualizing The Various Paths Of Interest Rates And Inflation
The Angry Bear - Seeking Alpha - Wed Nov 12, 8:18AM CST
By Edward Lambert Let's go beyond the issue of the Fisher Effect and visualize the whole issue of nominal interest rates, real rates and inflation. The Fisher Effect is only a part of the whole issue. So we start with a model that blends all 3...
FINF: 40.59 (+0.10), SINF: 43.98 (unch), INFL: 45.00 (unch), UINF: 30.76 (unch), DEFL: 50.13 (unch), RINF: 33.18 (+0.05)
U.S. Labor Market Upturn Still Marred By Lackluster Wage Growth
Markit - Seeking Alpha - Wed Nov 12, 2:42AM CST
US unemployment fell to a six-year low of 5.8% in October as companies continued to take on staff in impressive numbers. The data add to signs that the economy is enjoying another period of strong growth in the fourth quarter. However, lacklustre...
FINF: 40.59 (+0.10), SINF: 43.98 (unch), INFL: 45.00 (unch), UINF: 30.76 (unch), DEFL: 50.13 (unch), RINF: 33.18 (+0.05)
Disappointing Economic Data Lead To Record Outflows From U.K. Funds
Markit - Seeking Alpha - Tue Nov 11, 2:34AM CST
Investors are pulling money out of the UK at a record rate as the economic picture clouds over, while UK money is meanwhile moving into brighter looking US investment, according to Exchange Traded Fund data compiled by Markit. UK economy slows A...
FKU: 38.94 (-0.04), SINF: 43.98 (unch), RINF: 33.18 (+0.05), DXPS: 25.62 (-0.13), SPY: 204.24 (+0.05), FINF: 40.59 (+0.10), EWU: 18.94 (-0.04), FXB: 153.97 (-0.39), DBUK: 25.65 (+0.02), INFL: 45.00 (unch), QGBR: 56.04 (unch), UINF: 30.76 (unch), GBB: 41.96 (-0.26), DEFL: 50.13 (unch)
Getting The Neo-Fisherites Wrong
The Angry Bear - Seeking Alpha - Mon Nov 10, 8:19AM CST
By Edward Lambert In response to the the Neo-Fisherite view that persistently low interest rates leads to low inflation, Nick Rowe writes that we have to see what happens to the money base in order to determine inflation. He implies that the...
FINF: 40.59 (+0.10), SINF: 43.98 (unch), INFL: 45.00 (unch), UINF: 30.76 (unch), DEFL: 50.13 (unch), RINF: 33.18 (+0.05)
High Debt Levels Will Not Prevent Rate Hikes
Brian Romanchuk - Seeking Alpha - Mon Nov 10, 7:54AM CST
One theory that I have seen floating around is that the "high" Treasury debt levels will prevent the Fed from raising interest rates. As someone who is in the "secular stagnation" camp (although I dislike the term), I can think...
FINF: 40.59 (+0.10), TAPR: 40.97 (-0.63), SINF: 43.98 (unch), INFL: 45.00 (unch), UINF: 30.76 (unch), DEFL: 50.13 (unch), RINF: 33.18 (+0.05), GOVT: 25.02 (+0.02), PLW: 32.02 (+0.05)
Nonsense
Tim Duy - Seeking Alpha - Fri Nov 07, 1:06AM CST
I stumbled across this piece in The America Spectator in which the authors argue against the prospect of the Federal Reserve pursuing a "triple mandate" by adding inequality to the current mandate of price stability and maximum...
FINF: 40.59 (+0.10), SINF: 43.98 (unch), INFL: 45.00 (unch), UINF: 30.76 (unch), DEFL: 50.13 (unch), RINF: 33.18 (+0.05)
Fake Growth, Fake Money, Fake Jobs, Fake Financial Stability, Fake Inflation Numbers?
Cullen Roche - Seeking Alpha - Fri Nov 07, 1:03AM CST
Nobody can predict how long governments can get away with fake growth, fake money, fake jobs, fake financial stability, fake inflation numbers and fake income growth. That is the quote by hedge fund manager Paul Singer that's been garnering a...
FINF: 40.59 (+0.10), SINF: 43.98 (unch), INFL: 45.00 (unch), UINF: 30.76 (unch), DEFL: 50.13 (unch), RINF: 33.18 (+0.05)
John Cochrane On The Stability Of Interest Rate Pegging
Scott Sumner - Seeking Alpha - Fri Nov 07, 12:57AM CST
Here's John Cochrane replying to a post by Nick Rowe: The last 5 years have brought us a delicious opportunity for measurement. Once we hit the zero bound, interest rates can't move any more. So the whole problem of empirically verifying long...
FINF: 40.59 (+0.10), SINF: 43.98 (unch), INFL: 45.00 (unch), UINF: 30.76 (unch), DEFL: 50.13 (unch), RINF: 33.18 (+0.05)
Did The Fed Save Us From A 'Liquidity Trap'?
Comstock Partners - Seeking Alpha - Thu Nov 06, 12:21AM CST
There have been a number of very sophisticated economists who recently made some presentations on the financial networks discussing just how effective the Federal Reserve was in being able to avoid a "liquidity trap". One economist in...
1 Comment
SINF: 43.98 (unch), JPNL: 45.25 (-0.14), JPNS: 24.62 (+0.12), EWJ: 11.77 (unch), RINF: 33.18 (+0.05), DXJ: 54.62 (+0.26), NKY: 17.86 (-0.04), EWV: 61.02 (+0.30), FINF: 40.59 (+0.10), HEWJ: 27.82 (+0.09), ITF: 50.30 (-0.04), DBJP: 40.95 (+0.18), JPP: 45.23 (-0.05), INFL: 45.00 (unch), EZJ: 83.95 (-0.02), FJP: 45.45 (unch), UINF: 30.76 (unch), DEFL: 50.13 (unch)
What Plunging Oil Prices Mean For Your Income Investments
David Eifrig Jr. - Seeking Alpha - Wed Nov 05, 3:05PM CST
Inflation wasn't a worry last month... and it's even less of a worry this month. This is great for you as an income investor. It means some of world's biggest, safest yields are still available to you, if you buy now. Before I tell you where to find...
DVY: 77.81 (-0.35), SINF: 43.98 (unch), MUB: 109.58 (+0.03), XMPT: 26.05 (-0.02), DLN: 73.84 (+0.03), DHS: 61.38 (-0.05), TFI: 23.98 (+0.05), SCHD: 39.97 (+0.01), DTD: 74.22 (+0.06), FMB: 51.04 (+0.05), PVI: 24.96 (unch), RINF: 33.18 (+0.05), SDYL: 53.70 (-0.03), FVD: 23.62 (-0.04), FINF: 40.59 (+0.10), RVNU: 25.68 (+0.06), FDL: 24.17 (-0.01), VRD: 29.84 (+0.01), PRB: 24.50 (+0.02), INFL: 45.00 (unch), UINF: 30.76 (unch), SDOG: 38.31 (+0.07), PZA: 25.12 (-0.08), DVYL: 48.18 (-0.41), DEFL: 50.13 (unch)
Debate Renewed For Us Neo-Fisherites
The Angry Bear - Seeking Alpha - Wed Nov 05, 1:26PM CST
By Edward Lambert Noah Smith opened the debate again on the Neo-Fisherite movement… What is the movement of which I partake as a Neo-Fisherite? When nominal rates are stuck, then changes in inflation will be compensated for by an equal and...
FINF: 40.59 (+0.10), SINF: 43.98 (unch), INFL: 45.00 (unch), UINF: 30.76 (unch), DEFL: 50.13 (unch), RINF: 33.18 (+0.05)
Central Banks Fracture Not On Philosophy But Failure
Joseph Calhoun - Seeking Alpha - Wed Nov 05, 6:36AM CST
By Jeffrey P. Snider The central bank monolith is revealed to be fracturing. The most evident appearance of that was the Bank of Japan’s recent surprise, where the vote to increase QQE was 5-4. But it has been more than Japan where...
FEZ: 37.51 (+0.06), VGK: 53.74 (+0.01), DBEU: 26.78 (-0.05), SINF: 43.98 (unch), FIEU: 114.17 (+0.17), FEP: 30.12 (+0.18), FEUZ: 31.26 (-0.16), IEUR: 44.73 (+0.07), UPV: 44.93 (+0.39), FEU: 35.57 (+0.01), EWJ: 11.77 (unch), RINF: 33.18 (+0.05), NKY: 17.86 (-0.04), EPV: 61.89 (-0.10), HEDJ: 56.49 (-0.14), DXJ: 54.62 (+0.26), FINF: 40.59 (+0.10), ITF: 50.30 (-0.04), DBJP: 40.95 (+0.18), ESTX: 45.42 (+0.19), JPP: 45.23 (-0.05), INFL: 45.00 (unch), EZJ: 83.95 (-0.02), UINF: 30.76 (unch), HEZU: 24.20 (+0.10), DEFL: 50.13 (unch), ADRU: 23.38 (+0.07), EURL: 31.31 (+0.38), FEEU: 110.73 (+0.18), JPNL: 45.25 (-0.14), EZU: 36.90 (+0.14), JPNS: 24.62 (+0.12), EWV: 61.02 (+0.30), HEWJ: 27.82 (+0.09), IEV: 43.68 (-0.04), EURZ: 38.16 (+1.12), FJP: 45.45 (unch)
QE 'Worked' Because We Aren't 'Yet' Europe?
Joseph Calhoun - Seeking Alpha - Wed Nov 05, 2:00AM CST
By Jeffrey P. Snider Never one to miss a chance to prove how much Keynesian philosophy and monetarism are compatible , the AEI (a think dedicated to American Enterprise?) and James Pethokoukis would like you to know just how much QE...
FEZ: 37.51 (+0.06), VGK: 53.74 (+0.01), DBEU: 26.78 (-0.05), SINF: 43.98 (unch), FIEU: 114.17 (+0.17), FEP: 30.12 (+0.18), FEUZ: 31.26 (-0.16), IEUR: 44.73 (+0.07), UPV: 44.93 (+0.39), FEU: 35.57 (+0.01), EWJ: 11.77 (unch), RINF: 33.18 (+0.05), NKY: 17.86 (-0.04), EPV: 61.89 (-0.10), HEDJ: 56.49 (-0.14), DXJ: 54.62 (+0.26), FINF: 40.59 (+0.10), ITF: 50.30 (-0.04), DBJP: 40.95 (+0.18), ESTX: 45.42 (+0.19), JPP: 45.23 (-0.05), INFL: 45.00 (unch), EZJ: 83.95 (-0.02), UINF: 30.76 (unch), HEZU: 24.20 (+0.10), DEFL: 50.13 (unch), ADRU: 23.38 (+0.07), EURL: 31.31 (+0.38), FEEU: 110.73 (+0.18), JPNL: 45.25 (-0.14), EZU: 36.90 (+0.14), JPNS: 24.62 (+0.12), EWV: 61.02 (+0.30), HEWJ: 27.82 (+0.09), IEV: 43.68 (-0.04), EURZ: 38.16 (+1.12), FJP: 45.45 (unch)
Inarguable End To Decoupling
Joseph Calhoun - Seeking Alpha - Wed Nov 05, 12:03AM CST
By Jeffrey P. Snider Despite all domestic reports to the contrary, the rest of the world is having a very difficult time seeing any recovery yet in the United States economy. With recent trade data in hand, it is not difficult to discern why oil...
XPP: 64.27 (+2.47), SINF: 43.98 (unch), YINN: 32.86 (+1.75), CHXF: 53.13 (+0.60), MCHI: 50.04 (+1.01), RINF: 33.18 (+0.05), YANG: 13.78 (-0.80), FINF: 40.59 (+0.10), FXP: 47.56 (-1.94), PGJ: 31.66 (+0.65), INFL: 45.00 (unch), FCA: 23.54 (+0.50), YAO: 28.53 (+0.63), UINF: 30.76 (unch), YXI: 29.80 (-0.48), CN: 30.77 (+0.54), DEFL: 50.13 (unch), FXI: 40.45 (+0.77), GXC: 81.56 (+1.65)
Does Monetary Policy 'Cause' Changes In NGDP?
Scott Sumner - Seeking Alpha - Tue Nov 04, 2:20PM CST
Suppose that there are 6 ways the government could have prevented the 2008 financial crisis. One might be abolishing moral hazard (FDIC, TBTF, the GSEs, etc.). Another might have been to ban subprime mortgages made with taxpayer-insured funds....
FINF: 40.59 (+0.10), SINF: 43.98 (unch), INFL: 45.00 (unch), UINF: 30.76 (unch), DEFL: 50.13 (unch), RINF: 33.18 (+0.05)
Decomposing The Velocity Of Money
Sober Look - Seeking Alpha - Tue Nov 04, 12:46AM CST
We've received some questions about the ongoing declines in the velocity of money in spite of stronger US GDP growth in the past couple of quarters. The velocity of money (as calculated by the Fed) is the ratio of quarterly nominal GDP to the...
FINF: 40.59 (+0.10), SINF: 43.98 (unch), INFL: 45.00 (unch), UINF: 30.76 (unch), DEFL: 50.13 (unch), RINF: 33.18 (+0.05)
QE Is Dead, Now You Tell Me What You Know
Ilargi - Seeking Alpha - Fri Oct 31, 7:19AM CDT
It seems like every blue moon or so I need to return to Groucho's definition of chaos theory, it keeps on popping up. The first time I used it in an article goes back to at least May 2009, incidentally for many people the starting date of the...
FINF: 40.59 (+0.10), SINF: 43.98 (unch), INFL: 45.00 (unch), UINF: 30.76 (unch), RINF: 33.18 (+0.05)
Week Ahead Economic Overview
Markit - Seeking Alpha - Fri Oct 31, 4:49AM CDT
Worldwide manufacturing and services PMI releases plus an update on the US labour market are highlights of the week. Other standouts are industrial production numbers for Germany and the UK plus the latest Bank of England and European Central Bank...
ADRU: 23.38 (+0.07), VGK: 53.74 (+0.01), FEZ: 37.51 (+0.06), DBEU: 26.78 (-0.05), EURL: 31.31 (+0.38), FEEU: 110.73 (+0.18), SINF: 43.98 (unch), FIEU: 114.17 (+0.17), EZU: 36.90 (+0.14), FEP: 30.12 (+0.18), FEUZ: 31.26 (-0.16), IEUR: 44.73 (+0.07), UPV: 44.93 (+0.39), FEU: 35.57 (+0.01), RINF: 33.18 (+0.05), HEDJ: 56.49 (-0.14), EPV: 61.89 (-0.10), FINF: 40.59 (+0.10), IEV: 43.68 (-0.04), EURZ: 38.16 (+1.12), ESTX: 45.42 (+0.19), INFL: 45.00 (unch), UINF: 30.76 (unch), HEZU: 24.20 (+0.10), DEFL: 50.13 (unch)
Japan Likely To Miss Its Inflation Target
Dean Popplewell - Seeking Alpha - Fri Oct 31, 3:03AM CDT
By Alfonso Esparza Japanese Prime Minister Shinzo Abe won his nation's elections in late 2012 with bold promises. One of those promises was that the Japanese economy would roar back to life, ending two decades of deflation. He promised a 2%...
VGK: 53.74 (+0.01), SINF: 43.98 (unch), JPNL: 45.25 (-0.14), JPNS: 24.62 (+0.12), EU: 22.41 (+0.10), EWJ: 11.77 (unch), RINF: 33.18 (+0.05), DXJ: 54.62 (+0.26), NKY: 17.86 (-0.04), EWV: 61.02 (+0.30), FINF: 40.59 (+0.10), HEWJ: 27.82 (+0.09), ITF: 50.30 (-0.04), DBJP: 40.95 (+0.18), JPP: 45.23 (-0.05), INFL: 45.00 (unch), EZJ: 83.95 (-0.02), FJP: 45.45 (unch), UINF: 30.76 (unch), ERO: 47.84 (-0.13), DEFL: 50.13 (unch)
QE3 R.I.P.
Calafia Beach Pundit - Seeking Alpha - Thu Oct 30, 4:41AM CDT
Wednesday the Federal Reserve confirmed what the bond market has been expecting for many months: QE3 has ended, effective this week. What we don't know yet, however, is whether the end of QE3 will lead to another round of economic and financial...
IEI: 122.36 (+0.13), TBX: 30.94 (-0.08), DTYL: 74.80 (-1.08), DFVS: 35.79 (-0.40), TYD: 42.13 (+0.11), TBZ: 30.11 (-0.02), DFVL: 61.39 (+0.42), IEF: 105.10 (+0.22), PST: 25.50 (-0.10), SINF: 43.98 (unch), UST: 54.86 (+0.22), DTYS: 23.84 (-0.20), TYNS: 31.33 (-0.06), RINF: 33.18 (+0.05), FINF: 40.59 (+0.10), ITE: 59.91 (-0.02), TYO: 19.63 (-0.22), INFL: 45.00 (unch), GSY: 50.12 (+0.02), SCHR: 53.45 (+0.05), UINF: 30.76 (unch), FIVZ: 79.80 (unch), DEFL: 50.13 (unch), VGIT: 64.35 (+0.08)
