At 2.646% the yield on the 10-year is now its highest since July of 2014. So far it appears that U.S. stock market investors are not the least bit concerned. They are in for a rude awakening.
— Peter Schiff (@PeterSchiff) January 19, 2018
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- @Macrotots Yep, Its the what have you done for me lately mentality. Also Dems will argue Obama deficits were necessary to get us out of recession, but that Trump deficits caused problems as the economy was growing when they were run up.
- Ron Paul's Economic Myth Busters: Inflation & Capital Creation @SchiffGold http://bit.ly/1NosMPY
- Former Dallas Fed Pres. Richard Fisher throws former colleges under the bus in CNBC interview. He said "don't blame me I voted against QE3"!
- What should The Big Short have said about the Fed or Fannie/Freddie?
- The Fed and stock market are playing chicken. How much lower will stocks fall before the Fed stops bluffing its about to raise rates?
- #silver just trade above $20 per ounce. Let's see if gold can follow and trade above $1,350!
- "Income Inequality" - What Austrians Understand & Liberals Ignore
- Gallup's U.S. Economic Confidence Index averaged -12 in July, down from - 8 in June, hitting its lowest average since Oct. 2014.
- APMD surveyed 25 leading precious metals dealers. The average of their estimates for the price of gold at the end of 2018 came in at $1,461.33 an ounce. That would represent close to a 12% increase. http://bit.ly/2BuGFxO
- According to Gallup, July was the 3rd consecutive month where consumers spent less money than they did in the same month last year.