The Gruesome Twosome of Deflation and Stagflation Approaches Europe [View article]
The head of the North Carolina state pension fund was unsure about the severity of the crisis in credit markets outlined by eggheads Bernacke and wall streets $500 million net worth boy Paulson. He said that if the fed will guarantee a reasonable 7% return on 30 yr. bonds he would send them most of the bailout money from his pension fund and neighboring states pension fund managers would gladly do the same!! I`ll send them $100,000 tomorrow!
The Fed Is Still Expecting Inflation to Moderate [View article]
Everything I buy in the St. Louis area for example bread,lunch meat,tires,auto mechanic diagnostic fees,pizzas,peanut butter,auto parts have all went up in price at least 8-9% in just the last few months. Utility bills in the midwest have sprouted energy access charges in addition to the actual amount of natural gas water or electricity used. So inflation is raging in everything consumers have to pay for ..and few consumers that I know are getting pay raises over 2-3%. In any RATIONAL era short term cd rates would be at least 7% and the long treasury would be closer to 8-9% to compensate investors for inflation risk.
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Latest | Highest ratedThe Gruesome Twosome of Deflation and Stagflation Approaches Europe [View article]
I`ll send them $100,000 tomorrow!
The Fed Is Still Expecting Inflation to Moderate [View article]