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John R
2 Comments
Collapse of the Yield Curve
If you drag your cursor across the chart it will move the "dynamic yeild curve" proportionately. It's cool.
As "garlicbulb" said, a ten year chart would be more informative. It would show the Fed's drop in interest rates after "911" to spur on the economy. It worked then and will work now ... but in my opinion it's the stimulus package (especially "accelerated depreciation") that will spur on quick job growth in America by rewarding capital expenditures on business equipment. Were in for a hot market, I believe.
Will "Walk Aways" Increase Discretionary Spending?
The stimulus will work, and faster than you think. The secret is accelerated depreciation. Businesses will upgrade machinery and vehicles to get the write off , and that will add more jobs and commerce than any $600 gift to the masses (less the wealthy). I'm, self employed and have been since 1974 and never have been "wealthy", so I'm not coming from that frame of reference, but your gloom and doom outlook on the economy is self-defeating. It doesn't help our country and it's driving me nuts! Cheer up!