Peter Boockvar: Everybody Wants Ten-Year Treasuries
Ta-Nehisi Coates Goes to Gettysburg: The Unmasterable Burden of the Past Department

Time for QE III, IV, V, and VI

Duncan Black:

Eschaton: WHEEEEEEEEEEEEEEEEEE: I wonder if any serious investor could actually explain what new information "the market" has which could explain why DJIA should be worth 11% less than it was 2 weeks ago. Down 3.3% today so far, which maybe we could explain on the S&P downgrade except for the fact that Treasury prices (yields) are way up (down).

Plus time to start minting $1 trillion in platinum coins.

When the financial market is desperate for safe assets and dumping risky assets, the proper job of a stabilizing government is to give the market the safe assets it wants to hold.

This isn't rocket science, people.


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