Demographic Obstacles to Increasing Yields
The ground is littered with dead bodies of investors/traders who have bet on rising US rates/yields. Is this time different? Why is this trade so difficult? It is my very humble opinion that when the history books are written about this time in financial history,…
World War C: Will Rising U.S. Deficits Steepen The Yield Curve?
Estimated Deficit Spending for 2021 Modern Monetary Theory (MMT) – Version 1.0 The U.S. Dollar Stays Strong Drowning Out The Noise What Opening Up May Look Like The economic toll, as measured by deficit spending, is going to set new records across most modern economies. Even…