patrick.net

Heraclitusstudent says

Growth was 5% last quarter

5% is annualized. So it's actually 1.25% for the quarter. At this point nobody sees US growing at 5% for the whole year.

I agree with you that it's hard to explain. Bond yields in the developed world are crazy, but I have a feeling that may go even lower as emerging markets get worse. As people rush to the dollar, they either put money in stocks, bonds, or real estate. Prices of all going up. For bonds that means the yields are lower.

Too much money collecting with the "savers" aka people who already have more money than they can spend.

Top 20% of the economy is doing fine. The rest, not so much.

shows we're still ~8M FTE jobs away from the peak 2000 employment

8M is a helluva lot of people!

meanwhile, rents have simply skyrocketed since 2000:

Up 50% (easily doubled in high-rent areas, too)

Welcome to the New Economy of the Screwers and Screwees. How the GOP continues to lie to people about what's been going on is going to be interesting if not comical.

sbh says

Bellingham Bill says

How the GOP continues to lie to people about what's been going on is going to be interesting if not comical.

Once the new Congress is sworn in there will be new life breathed into old lies.

Uhh, SBH, you misspelt "lies"
Once the new Congress is sworn in there will be new life breathed into old SOLUTIONS.
Aren't you glad I'm here to help you?
You can go ahead and thank me.

sbh says

Strategist says

Uhh, SBH, you misspelt "lies"

Nice try, but no, no misspelling here. But you did blow the punctuation.

Ok, i'll correct your rotten logic, you correct my average punctuation.

sbh says

BTW, did you get a confession from that fetus, or did you run short of cigarettes?

Smoking is bad for your health. I used a blowtorch.

tr6 says

Prices of all going up. For bonds that means the yields are lower.

I see the opposite happening in prices/yields. I do not look at yields through fundamental eyes, but strictly from an EW perspective which anticipates an increase in yields.

http://www.globaldeflationnews.com/10-year-u-s-treasury-index-yieldelliott-wave-update-for-week-ending-12262014/

sbh says

Strategist says

sbh says

BTW, did you get a confession from that fetus, or did you run short of cigarettes?

Smoking is bad for your health. I used a blowtorch.

You mean you got medieval on that subhuman fetus? With pliers too? Damn! Did it give up some guilty toddlers?

Damn fetus would not talk. I need to learn some new tricks.